Trade Pair: CADJPY
Direction: Potential reversal to the downside
Entry: Below current market price (to be determined based on technical analysis)
Stop Loss: Above resistance at 109.58
Take Profit: 96.5
Rationale:
The CADJPY currency pair has shown signs of a potential reversal to the downside, presenting an exciting trading opportunity. The idea is to enter...
Currency Pair: USD/CAD
Trade Details:
- Entry: Buy USD/CAD at the current market price
- Stop Loss (SL): 1.33169
- Take Profit (TP): 1.36383
Trade Rationale:
Based on technical analysis, there are several factors indicating a possible reversal for USD/CAD and a potential upward move of at least 280 pips:
1. Support Level: The price has reached a significant...
Trade: NZD/CAD Forex Trade (LONG)
Entry: Market order
Entry Price: Current market price
Stop Loss (SL): 0.811511
Take Profit (TP): 0.84532
Risk-Reward Ratio: 1:3
Trade Description:
We are looking to enter a LONG trade on the NZD/CAD forex pair, with an expected profit target of 250+ pips. The trade will be executed through a market order at the current market...