U.S. Dollar / Canadian Dollar USDCAD

Potential swing (Long/Short) on 1H chart.

The technical picture has clearly deteriorated and if one buys into the thesis that we are in a 1.3225–30–1.32 range box, the recent trajectory in the pair still suggests another 50 odd pips of downside potential for the pair. The dominant buy-side flows on the Canadian Dollar are conditioned to further weakness in the DXY with Oil being more of a safe bet as even...

USDCAD is approaching our first support at 1.3165 (Horizontal swing low support, 100% fiboancci extension, 50% Fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 1.3269 (Horizontal overlap resistance, 50% fibonacci retracement). Stochastic (55, 5, 3) is also approaching support and we might see a corresponding rise...

USDCAD is approaching our first support at 0.3204(50% Fibonacci retracement , Horizontal swing low support, 100% Fibonacci extension ) and a strong bounce might occur below this level pushing price up to our major resistance 1.3272 (50% Fibonacci retracement , 61.8% Fibonacci extension ). Stochastic (55, 5, 3) is approaching its support where a corresponding...

USDCAD is approaching our first support at 0.3204(50% Fibonacci retracement , Horizontal swing low support, 100% Fibonacci extension ) and a strong bounce might occur below this level pushing price up to our major resistance 1.3272 (50% Fibonacci retracement , 61.8% Fibonacci extension ). Stochastic (55, 5, 3) is approaching its support where a corresponding...

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12hrs Actions on - A – Activating Event Market consolidating above the 200 mva and has reached a condition of being oversold.In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @...

trading idea

This week, I'm letting the charts speak for themselves. Pay attention to my post and find the confluence within them all, trading doesn't need to be complicated! Speculate Wisely =)

usdcad

THE USDCAD H4 IS RETESTING A 4 HOUR RESISTANCE, AND AM SEEING A SHORT LOOKING AT A M STRUCTURE UPDATES WILL BE GIVEN

Possible for a short position if there is a retest of the broken trend line support on the H4. Entry --> 1.32502 Stop --> 1.32773 Target --> 1.31888 R:R --> 2.27 Cheers, Chloster

Waiting for this C wave to complete the running flat and then we should get another impulse to the upside.

usdcad shawrt

Sell to the line

money follows knowledge.

TO THE 50-61.8 AREA

USDCAD

Par por encima de boxes en 60 Minutos MACD tendencia alcista puntos amarillos indican sin movimiento fuerte en 240M y 1D se encuentra entre boxes lo que indica posible ruptura al alza MACD indica esto.