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Caddollar

CADCHF - SWING SETUP - 26. OCTOBER 2018WELCOME TO DACAPITAL TRADING!! FREE VIP SWING SETUP 4 HOUR H4 Formed new Highs around 0.76900 and retested our Daily key level DAILY Consideration zone, expecting a push to the downside and a break of this zone towards daily key level WEEKLY Very sideways last 4 weeks, we need a breakout now! LEVELS SELL CADCHF @ 0.76280 SL @ 0.76700 (40 Pips) TP @ 0.75400 (90 Pips) RR: 2.12 Be patient about our Swing Setups! Enjoy our limited Content and Setups, leave us a like and Comment!!
Short
by DACapitalTrading
USD/CAD came to retest the newly formed resistanceUSD/CAD has developed a nice bearish momentum after breaking the 4h timeframe trendline (around 1.30000). We are also in a descending channel on daily timeframe so the overall bias on the Loonie is bearish. The price has made a huge drop all the way to the 1.2920 area where it has found support. With the move to the downside yestersterday we have also broken the support that was set in the 1.2955 area and the price has now came to retest it. This sell zone has confluence with 50.0% fib retracement from the move yesterday and also a bearish flag/wedge pattern. Happy trading everyone!
Short
by FXAN
V1:T11_USDCAD_Short/Long_Aggressive_High rollers only...* Please note I am not in either of these positions yet. The green/red markers are showing where I wish to enter. I'll post entries in the comments. Analysis: I do think this daily signal is bold and tells us a lot about this market and the quality of this uptrend. But these markets are being far to spiteful right now to give us three green soldiers outta there. I am planning for worst case scenario. I bet we run the base of that daily bar and potentially lower before returning to the trend. When USDCAD is testing highs, EURUSD is off its highs and vice versa. For USDCAD to make higher highs, EURUSD is going to need lower lows. I dont really think that's going to be the outcome, but EURUSD is looking weaker and weaker everyday so this idea is my sorta hedge against a weak EURUSD and hence a strong USD. Thinking about it CAD has been strong ever since DXY has been above 90. Hmmph. Question is where do you set stop on the long? 1000 pips seems rational. 1200 pip target!?! Now that I've made the cautious call the market will probably rip higher. Comments? Questions? Concerns for my sanity? Let me hear it. Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!
Long
by UnknownUnicorn981629
2