-we have a possible HEAD AND SHOULDERS -we simply wait for price to violate our NECKLINE to be BEARISH -close below zone(NECKLINE) we take SELLS!! REMEBER THAT THIS IS A ANTICIPATION NOT FACTS
"Our ironclad departure plan: activating the 1R break-even function, initiating the 2R trailing stop, all executed through our in-house EA tool."
i will enter after the liquidity grab this is my forecast for the upcoming week
Reading the waves and Speed Index 1. Abnormal Speed Index of 14.8 = Sellers 2. Largest down wave with normal Speed Index = market agrees with move 3. 4. Large up wave but with high Speed Index 10.5 = Sellers 5. High Speed Index on the up move 8.0 = Sellers still forming but it looks like we are have a hard time to move up Therefore Short
Hi dear traders , Here on USDCAD chart there was a nice bullish momentum last week ,so the price finally broke above our strong zone after a 83 days ,so I think it worth we put this pair on our watchlist so I think there would be a nice long opportunity after a retreatment . Thanks for your time please leave a like and comment if you found is useful...
its the weekend i hope you are back testing and acquiring more information its gonna be a profitable week for us all cheers
22nd April to 26th April Week Analysis. It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it! Watch the charts, If you like then do follow on X and Tradingview.
In this timeframe, USDCAD has reached a significant supply zone. We can expect a reaction, making sell setups viable here. Over the past 100 days, there has been a strong bullish trend, with even minor correction waves showing bullish characteristics. This adds risk to the current scenario. Feel free to share your opinions about this pair in the comments.
Price on this pair is currently displaying an Indecisive price pattern, with a clear head And shoulder's pattern indicating a Bearish market momentum, a breakout Of the neckline will be regarded as Additional confirmation
Upside Breakout: If the price breaks above the upper red trend line with confirmation, it suggests a bullish breakout. Downside Breakout: If the price breaks below the lower green trend line with confirmation, it suggests a bearish breakout. Entry: Upside Breakout: Consider a long position with confirmation above the upper red trend line. Look for a move toward...
Short bias. Head and shoulder at quarter point Market structure setting up to the downside Will be holding to next qp From 1.375 to 1.350 quarter point
Highlighting an upward trajectory, consider exploring the USD/CAD currency pair for potential opportunities as it trends higher.
This is my Setup to go Long on USDCAD. We have identified Unmitigated Shadow which is extreme POI on 1 Hour time-frame. Look for LTF confirmation before entry. Thank You.
This pair is presenting a technical SELL position since long position have been slowly exiting their positions because they have hit their week target at around 1.38200 and with the confluence on USOIL finding support in the short term could spear the pair lower to a price of 1.37212. However the pair could retest dynamic resistance moving average to confirm the...
USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.37000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.37000 support and resistance area. Trade safe, Joe.
usdcad sell 2h nice one We notice selling pressure .USDCAD SELL OPP 2h good trade
As we can see that Head & Shoulder pattern has been formed on USDCAD so breakout of the neckline will result in downward movement.