This is my analysis and trading plan on USDCAD i'm looking to short/sell from the 61.80 FIB retracement where the sell zone is indicated with several confirmations. 1. First confirmation is the double bottom that has already formed at the area of support and indication of a reversal sign with the two green arrow and fib rejection of 0.00 going for a buy/long into...
This is my prediction on the usd cad. please let me know what you think
Hello friends! USDCAD after reaching the support line began to grow. But I expect that the price will reach the resistance line and the decline will continue (the price will return to the support line)
Hello dear subscribers! The price of the dollar continues to fall. The price has broken through a key level, and this is a sell signal. Because the price should fall to the support level, the target is there. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Hello everyone Been a great week for FX. Last four trades have been spot on. Looking too long on Cad today with minimal stops, high rewards of 1.40530 about 130 ticks. Comments, shares, etc appreciated
Hello everyone! USDCAD on two support lines + the trend is growing. I expect a fall to the resistance line.
Better Representation of my last analysis posted.
We can expect a pullback down affter get rejection at this important resistance
Hello everyone! USDCAD broke through the resistance line and rolled back to it, after which price began to grow. I expect growth to continue to the resistance line .
Dieses Paar hat die letzten Wochen schön gearbeitet, aktuell sehen wir eine Korrektur der letzten Verkaufsbewegung. Hier sehe ich erstmal 2 Szenarien als wahrscheinlich um den Trend Fortzusetzen. Der Aktuelle Reaktionsbereich entscheidet ob wir nochmal weiter buy gehen oder ob die Korrektur ausreicht und wir uns in Richtung Gap close fortbewegen werden.
Hello dear subscribers! The price of the dollar will rise. However, I highlighted the buy zone at the very bottom, it is likely that there the price may still fall. The target is below the resistance line. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
usdcad returns to the resistance line. You can open a sale on this resistance line and close it on the support line.
After getting into a triangle, USD/CAD might break it and enter in an uptrend. We have 2 targets, they are in resistances levels, if the price reaches the first, then we move our take profit to the secound target
- Structure: Downtrend - Tendency: Downward - Break Support zone - Wait for Euro season and sell. Stoploss: 1.391