Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7022 Stop = 1.6997 Risk = 25 pips Profit target = 1.7097 ( The projected daily high ) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a great weekend ! Allen As some of you...
This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based on your vision . To protect capital and manage your deals and trading successfully the maximum...
Wyckoff analysis, accumulation phase C (buy phase)
This pair has broken out of the RSI trend line heading for the bigger trend line, good time to buy and secure a few pips.
CAD supply at 1.32 (USD/CAD)
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Ma idea before this one on,- NZDCAD i expecting now more bulish market ENTRY: 0.83100 TP1: 0.83400 TP2: 0.83600 SL: 0.82700 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 1.30900 TP1: 1.31200 TP2: 1.31400 TP3: 1.31600 SL: 1.30550 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
Time to fade the move higher from this morning CAD dropped lower based on todays rate decision A smokescreen for run on liquidity Headline = blah blah blah *This is NOT financial or life advice*
I would wait for a pullback to the nearest support level. Price may not reach all the way down to the entry point so it would be good to stay alert. Cad is slipping this week.
USDCAD buy stop 1.3083 SL 1.30509 TP 1.31471 R= 32.1 pips Si el precio llega a 1.31151, mover SL a 1.30895
If you look for Sell position on this instrument I show you the best places for Sell. 1. The price can bounce from Support/Resistance Zone. 2. The price can bounce from the Trendline. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
EURCAD - I posted this chart a while back. Price has been testing long term channel support. This is a huge channel forming all the way back in 2012. We can see..... 1) Test of support rejected. Long lower wicks, close above. 2) Price breaks below support. Bulls are able to push price back above channel support, but can't hold it. 3) Price back below...
Short trade set up on CADJPY. Bullish trendline is broken. Lower highs forming on this timeframe. Looking to trade this pair down to the bullish daily trendline before going long.
we have nice opportunity to open short position here for CADCHF. we have strong resistance on the red line that keep price below itself for 9 month ago till now. we open short at .764 and put stoploss above red line and target is long Trend line (black) that is supporting price for more than 4 years!