Michael_Chenjerai

Michael_Chenjerai

I see a potential long trade on the USDCAD, This trade is basic theory. Buy at a good demand zone. We see the Pair approaching the demand zone and its good time to place a trade , especially when the demand has been time tested and proved to be strong.

Michael_Chenjerai

Just decided to take a look the 1 hour time-frame. This is interesting the pair is having bullish momentum from the major monthly demand zone, The pair is also having high pressure from the Daily Supply zone, Buyers and sellers are fighting Between 1.263 and 1.227. This shows that currently we have massive uncertainty where the Pair might go in the daily and...

Michael_Chenjerai

Technical Analysis The usdcad Pair has shown signs of bullish moment in the 4 Hour time frame , The pair is rejecting the support area and its showing signs of further longs in the daily and 4 hour timeframes. Take a look at the 4 Hour chart description below. in the weekly timeframe l see the Pair approaching the resistance level, My trading plan is to wait...

Michael_Chenjerai

Take a look at this trade lm seeing a potential short trade after the pair has made a small rally towards resistance and some couple of rejections, lm also placing my short trade upon confirmation , and also allow my stop loss to be above resistance ,

Michael_Chenjerai

Take a look at this trade , lm expecting to place a long trade this major support , i see the pair has managed to approach the support , l will wait for a good trade opportunity such as good pullbacks and a good rejection, place stop loss below support level .

Michael_Chenjerai

Take a look at this trade , lm expecting to place a long trade this major support , i see the pair has managed to approach the support , l will wait for a good trade opportunity such as good pullbacks and a good rejection, place stop loss below support level .

Michael_Chenjerai

Take a look at this trade lm expecting to sell from resistance and to go short upon further confirmation, lm expecting to go short after the pair approaches this major resistance in a daily time-frame , l see this resistance as major because price has respected this area for the past weeks.

Michael_Chenjerai

Take a look at this trade lm expecting the pair to go short from the top boundary , upon further confirmation lm expecting the pair to respect the top boundary , however lm expecting to trade it upon further confirmation , and also place stop loss above top boundary.

Michael_Chenjerai

Take a look at this trade lm expecting the pair to go long from the support area , this is a trade placed upon confirmation considering that we have already approached the major support and we are expecting the pair to approach the resistance . place your stop loss below support level .

Michael_Chenjerai

Take a look at this trade , lm expecting to place a long trade this major support , i see the pair has managed to approach the support , l will wait for a good trade opportunity such as good pullbacks and a good rejection, place stop loss below support level.

Michael_Chenjerai

Take a look at this trade lm expecting to sell from resistance and to go short upon further confirmation, lm expecting to go short after the pair approaches this major resistance in a daily time-frame , l see this resistance as major because price has respected this area for the past weeks.

Michael_Chenjerai

Take a look at this trade , lm expecting the trade to go long , repetition is key , the pair is supposed to reject the lower support or boundary and place stop loss below boundary level, decrease the stop loss when the pair has reached the price 1.36685 .

Michael_Chenjerai

Take a look at this trade lm looking for long trades from this position , lm looking for the pair to go long after rejecting the major support area , lm seeing a great opportunity from the major support area and lm willing to place a suitable stop loss below support area that is if price has approached support

Michael_Chenjerai

Take a look at this trade lm looking for long trades from this position , lm looking for the pair to go long after rejecting the major support area, lm seeing a great opportunity from the major support area and lm willing to place a suitable stop loss below support area that is if price has approached support

Michael_Chenjerai

Take a look at this trade lm expecting the pair to go short from the minor resistance area , this is a trade placed upon confirmation considering that we have already approached the minor resistance and we are expecting the pair to approach the lower price levels . place your stop loss above resistance level .

Michael_Chenjerai

Take a look at this trade lm expecting the pair to go long from the support area , this is a trade placed upon confirmation considering that we have already approached the major support and we are expecting the pair to approach the resistance . place your stop loss below support level .

Michael_Chenjerai

Take a look at this trade lm expecting the pair to go long from the support area , this is a trade placed upon confirmation considering that we have already approached the major support and we are expecting the pair to approach the resistance . place your stop loss below support level.

Michael_Chenjerai

Take a look at this trade , lm expecting price to approach this major support level and go further up from support level . lm expecting a further bearish move to the support level and expect the price to go up upon further confirmation . would like to place stop loss below support level . Cheers