Recent beat down off US stock rally. Stocks should correct down, which should help this trade out nicely. Patience pays!!
USDCAD pair bounced off trend support, looking for bullish momentum, especially since crude is looking down currently. TP is the 38.2% FIB at 1.34537 Good luck to all
Long above trend resistance should be a nice trade :)
Going long at the break upward of the channel. Good luck
Momentum shifting bullish on the pair. Once this resistance is broken and the 1h matures, this should be a 50-100 pip gainer.
Breaking out of trend resistance, reversal seems to be occuring
Channel trade. Personally I am short from the top of the channel right at 1.34100. Futures are down over -4% due to USA elections, which will weaken the US Dollar, which supports a bearish signal on this pair. TP is 1.32000 SL is a bullish breakout of the channel.
This is a low risk trade setup. Entry is if the trend support breaks, I will not be adding a position until that support is broken. The EMA and SMA are both turning bearish against the pair, which supports a bearish consensus here