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Canadian-dollar

WHAT WILL HAPPEN WITH CANADIAN DOLLAR FOR NEXT TIME?HELLO, EVERYBODY, WHO FOLLOW ME!💣🚀 I promised to my dear subscriber, @Pps33_Day, to look at CANADIAN DOLLAR, which is popular for most of all😘🌹 GUYS, WHO INTERESTS in CANADIAN DOLLAR , I OFFER LONG IT CAREFULLY)👍✔ Indicated on the chart for you indicative levels where the price may come What do you think about this?❔❓ 💸Be careful, don't forget about stoplosses. 🌻Wish you to have a good day and good mood🌻 Be strong, I'm with you❔💪🏿✊🏿 Your RocketBomb🚀💣
Long
by RocketBomb
6
USDCAD hitting the support of channel | A good long opportunityPriceline of US Dollar / Canadian Dollar forex pair is moving within an up channel and now hitting the channel's support. Volume profile of complete channel is showing less interest of traders at channel's support But MACD is strong bearish and Stochastic is strong bearish so i would suggest if the MACD turns weak bearish or Stochastic gives bull cross then buy or take the long position. I have used Fibonacci sequence to set the sell targets: Sell between: 1.33413 to 1.35527 Regards, Atif Akbar (moon333)
Long
by moon333
1
CADUSD broke out the triangle but a strong resistance aheadThe price action was moving within a symmetrical triangle and after hitting the support it made double bottom at the support of triangle. In the meanwhile the price line had also completed the formation of gartley and entered in potential reversal zone moreover the volume profile is also showing a very low interest of people to trade below that area. The double bottom formation and potential reversal zone of gartley and low interest of people as per volume profile produced a powerful bull thrust so the price action broke out the resistance of the triangle. Now the price action is moving up the trader's interest is too high between 0.382 to 0.618 fibonacci (upto $78.50), and above @78.50 can be a strong sell area coz. The pivot resistance is above the strong sell area. And we have a pivot point beneath the price action which can pull down the price action after hitting the area between 0.382 to 0.618 fibonacci of A to D leg of gartley. But the final decision can be made when the price action will be entered in 0.382 to 0.618 fibonacci after that we need to see the movement of price action and all indicators if they will give bearish signals then we can sell. Regards, Atif Akbar (moon333)
by moon333
Harmonics anyone? After careful review of the USDCAD currency pair, I have been fortunate enough to create a perspective for the entire week ahead. I see the USD first recovering against the Canadian dollar with the oil price playing a major role in this move, followed by a midweek reversal which is likely to come in play on Wednesday or Thursday, with the release of key economic data. The Us president is currently in Japan making negotiations and china is looking to de-evaluate the YUAN. So this week should be very interesting. Happy Trading and Manage your Risk! The Urban Genius
Long
by UrbanGeniusOfficial
1
I have Ucad mapped out for the WEEK, here take a look!After careful review of the USDCAD currency pair, I have been fortunate enough to create a perspective for the entire week ahead. I see the USD first recovering against the Canadian dollar with the oil p [rice playing a major role in this move, followed by a midweek reversal which is likely to come in play on Wednesday or Thursday, with the release of key economic data. The Us president is currently in Japan making negotiations and china is looking to de-evaluate the YUAN. So this week should be very interesting. Happy Trading and Manage your Risk! The Urban Genius
Long
by UrbanGeniusOfficial
USDCAD POTENTIAL SHORT OPPORTUNITY (1H AND 4h CHARTS) USDCAD POTENTIAL SHORT OPPORTUNITY This setup is going to be similar to the GBPCAD setup that was posted this week as well. If you look at this pair you can see that recently the market had a very dominant seller move to the downside. The biggest tell if the selloff is legit or not is going to be the RE-TEST. The re-test is a huge tell sign of whether or not that move was legit or not. As traders we must trade high probable setups so that our potential of winning is greater than of losing. This is how we will become consistent over time and it takes strong discipline to do so. Let's take a look at this USDCAD setup. 4H Chart: * on this timeframe we can see that the market had come to a high point and was followed by a very strong seller push to the downside *you only want to sell the market at high point and sell at low points. This may sound very obvious for most people but that's not the problem. The problem is that most people do not apply it to their trading *look at this timeframe for a weak re-test by the buyers to confirm the seller is in control 1H Chart: *use this timeframe to watch the pullback on a more specific level *use this timeframe also to watch and see if seller interest comes back in on the re-test (if it doesn't we wont be looking to trade this currency pair) *make sure to have good risk/reward based on this timeframe MAKE SURE TO ALWAYS IMPLEMENT PROPER RISK. NO SETUP IS A GUARANTEE THAT IT WILL GO THAT WAY. WE ARE TRADING BASED ON PROBABILITY AND YOU SHOULD ALWAYS USE PROPER RISK MANAGEMENT. PLEASE LIKE AND FOLLOW MY PAGE FOR MORE PROFITABLE TRADE SETUPS. CHEERS!
Short
by JosePips