It is important to remember that trading in any financial market carries inherent risks, and it is essential to develop a sound trading strategy and properly manage your risk in order to minimize potential losses.
TVC:DXY putting a top is unpopular opinion. However, we chartist don't care for the narrative of the masses or what mainstream media tells us, the only thing that's absolute is the word of our oracle, Mr. Market . So far, the dollar has broken the uptrend that it has been on since the end of may 2021, and retraced to the 0.382 fib level. With a clear...
HI TRADERS !! Im Looking for a SELL on USDCAD My last post On USDCAD was trying to go long but price fail to break my resistance , and with all XXXUSD giving buy , i see USD losing strenght , so ill look for sells now! My entry is not given yes, but it can be ready very soon. ill try to catch 1:2 RR move here or even more , and moving stoploss according my...
hey Traders here we have a great point for the usdcad which is short around 100 pips down so we are taking sell trade here with the 100 pips target
The USDCAD retraces from the recent high to trade at the 1.3660 support level. This move lower is driven by the weakness of the DXY and also respects the downward trendline. Tomorrow, the Bank of Canada is due to release its decision with regards to the interest rates. Markets are expecting an increase of 75bps to take the interest rate to a high of 4.00% The...
This is a quick short I found, I went to go smoke a joint & play chess with a friend and i found this entry i wont enter but id still be glad if it worked out. on the higher time frames i want it to go to its montly low again so if it breaks this small trade it will get us closer to my other trades.
We have been dollar strong for a while now, we are trading in an impulse move so it's safe to say the bullish trend/ momentum will last for a while. We are in a 4th wave phase which is a triangle pattern, which is incomplete we still need to see wave D to E form. A different view but still anticipating the same direction would be we are finished with wave 4 but...
OB once enters zone boom long nice 40% & im out. havent been posting my analyis latley becuse more focused on my trading. i moved to forex because my ftx is being annoying and keeps asking me for utility bills ect and ive already sent them but it cant read them i guess i dont know but im doing forex thanks fxpro and metatrader for not being annoying like ftx
USDCAD has uptrend channel, now we see how bulls accumulate there positions to continue uptrend!
USDCAD is breaking higher, now making some extended upward move which is acting like an impulse because of an extended and sharp move up from 1.3. As such, we think this can be impulse wave 3 where pair can slow down for a corrective pullback into wave four. Ideally that upcoming wave four will then stop and stabilize at the upper line of a base channel. Trade...
well here we have a good point for sell usdcad which is perfect retrace of 50 so we can wait and once it sustain at 0.50 fib level then we can take a sell entry which target can be at least 100 + pips
USDCAD is still in an uptrend. The price is expected to test the key resistance 1.36349 and here there is a chance that the price will fall to correct. Wait for sell red zone, target 1.33527 and 1.32523 >> GooD Luck 😊
Well, as we can see in the chart, we are in a descending channel, which by losing the support zone, we expect more fall to the bottom of the channel, if the channel breaks, the analysis will be updated. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
FX:USDCAD on the longer time frame it looks as though we are heading a lot higher towards 1.3000 - 1.3300 areas. 1.3026 is the 382 from the 2020 high. This is also the area where the ABCD will finish from October last year. There is also the bigger ABCD from June last years low. Once these patterns finish later in the year there could be another big sell off....
- Price move the downside = any Ellie that created above equal high - we hope the price back to our POI and mitigated the Imbalance to continue the trend - BOS is available
Was watching this 15 min Supply OrderBlock on USDCAD for a possible reversal. Price is showing me Potential reversal signs so i'm placing an Risk entry with a target to unmitaged Demand. If price already fills this demand i will remove this Short. No financial advice just an insight on my ideas on USDCAD and possible entry.
Hello traders, we have another important week for global markets as speculators are going to focus on CPI report from the United States, to see if prices are coming down or no. This data will be released on Wednesday, so until then we may not see a log of changes regarding the current trends. We see still stocks in a strong recovery mode with room for more upside...
In this video, we go over the analysis of WTI, USDCAD, USDCHF, and AUDJPY. With the dollar gaining strength it's most likely we will see XXXUSD sell-off USDXXX rallying the USD has been strong pre-Nonfarm Payrolls. The JPY is weak with the Taiwan stuff we will continue moving in the upside direction on XXXJPY pairs.