CRYPTOCAP:XRP BITSTAMP:XRPUSD BINANCE:XRPUSDT is currently forming a symmetrical triangle pattern in the daily time frame, which has a breadth of almost 100%. After the breakout, it is expected to move technically by 100%. To enter this pattern, you should accumulate above the lower trendline. It is important to have a stop loss in place to manage risk. If...
⭐️ Smart investment, Strong finance ⭐️ USDCAD INFORMATION: The USD/CAD continues to decline for the third straight session, trading below the psychological level of 1.3600 during Tuesday's Asian session. The Canadian Dollar (CAD) receives some support from the rise in Crude oil prices and positive market sentiment. Currently, the price of Western Texas...
-Overall the DXY appears bullish, so I'm looking to buy USD pairs -On the Daily TF price ended in a reversal candlestick after a bullish push -Expecting price to make a retracement that would ultimately test the neckline of the previous double bottom - A retest to this area would possibly complete the right shoulder of an inverse head and shoulder candlestick...
FX:USDCAD USDCAD on the 15-minute chart in the past week fell in a breakdown from an ascending wedge and is now sitting on support. I anticipate a reversal to retrace that downtrend with targets at the Fib 0.5 and Fib 0.618 levels ( also confluent with some horizontal pivot point resistances ). Targets just below these points of interest are 1.3083 and...
Entry range: 1.2440 - 1.2460 TP range: 1.2590 - 1.2620 USDCAD drop due to oil hike. A significant selling volume suggests bears may be losing momentum OR have cashed out enough shorts. A bullish USD may resume regaining lost territory on USDCAD. A support and resistance zone depicted on almost a month's range suggests a bounce or correction of USDCAD. In the...
Time to see loonie recover, Use proper money management tight stops as always. Cheers
My Overall Bias is Bearish. Here is a chance to enter a buy. -Price formed a Head and Shoulders pattern (which is a bearish candlestick pattern. -Price broke the neckline (which previously acted as a support level) of the the Head and Shoulders pattern. -After a nice sell off, price then found some support around the 1.25 level and formed a reversal candle...
3 tps in last week.now my idea is... ............................................
possible 1:40 rr on usdcad long setup all the bes..take patials
OANDA:USDCAD seems to be travelling in the narrowing band. This is a quick long opportunity in an otherwise downward trend. The price is expected to move up (at the time of writing its close to 1.2428). There is some subtle US fundamentals such as Michigan Inflation expectation today. Albeit there isn't a massive range here its a quick in and out. Entry:...
Take a look at my original analysis, to see how price has behaved. Price has now completed the Inverse head and shoulder pattern. Price has retraced to the 61.8 fib level. Here is where price found support at that fib level which also correlated with the daily support. Price now began making its bullish move to the upside. I am expecting price to test the...
Buy UsdCad Strong Trend Line Is Broken:) Target Next resistance Lvl
Long usdcad @ 1.2652 wait for price to get here. Stop loss @ 1.2629 targets @ 1.2784 Use proper money management Tight stops as always
USDCAD long swing activated. We entering the trade. Risk Reward of 4.87. Entry at @ 1.26260 SL at @ 1.25900 TP at @ 1.27700
USDCAD strong area for buyers to go long. Structural support FX:USDCAD Targets 1.2848 our stops below the trend line Make sure to check your own analysis before entry. Use proper money management Cheers
I believe this pair is in an up trend with the dollar 💵 index DXY. USDCAD pulled back last night, so I’m going to try and join this continuation.