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Longusdcad

#XRP: Forming Symmetrical triangle pattern!🚨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 any daily candle closes below the lower trendline of the triangle, then you should exit the trade. Remember to always be cautious and consider risk management strategies. I will keep you updated. Stay tuned.
Long
by CRYPTOMOJO_TA
4
USD/CAD! 28/11 support zone BUY NOW ⭐️ 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 Intermediate (WTI) has broken its four-day losing streak and is hovering around $75.30 per barrel. All attention is focused on the upcoming important OPEC+ meeting, with widespread expectations for a decision to further reduce and prolong cuts to oil production. ⭐️ Personal comments NOVA: According to the H1 frame, the price retested the support area of ​​1.36000. Buying pressure is unlikely to overcome this support zone today. SET UP BUY signal recovers ⭐️ SET UP USDCAD PRICE: 🔥BUY USDCAD zone: 1.36000-1.35900 SL 1.35500 TP1: 1.36300 TP2: 1.36600 TP3: 1.37000 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper
1
USDCAD Retracing Fall from an Ascending Wedge LONGFX: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 1.3104. The stop loss would be just below the support zone at 1.3. Entry on a buy stop over 1.3044 above the minor resistance. This is expected to be a short duration day trade setup.
Long
by AwesomeAvani
USDCAD buy zoneEntry 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 event of a very bullish USD based on the developments in the next few days on the grounds of FOMC updates, we're looking at a breach of 1.2660 range. MACD sell volume recovering back up. RSI pattern on oversold.
Long
by sidnir
USDCAD Short-Term Buy Opportunity. Overall Bearish BiasMy 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 stick on the daily time frame. -If you go down to the 4hr, will notice price formed a double bottom (which signify bullish potential). -I am expecting price to retrace to test the neckline and act as a form of resistance. -When drawing the Fibonacci from the high of the right shoulder to the low area where price found support, you will notice that the 50.0 fib level aligns with the neckline of the head and shoulders pattern. -I think this further increases the likelihood that price will retrace to test that area. I am overall bearish on the US Dollar. Take a look at my analysis on the DXY to further explain my reasoning. Like, Comment, Follow for more. If you see something different or disagree, feel free to post your own analysis in the comments!
Long
by NoCeilingsTrading
Update on USDCAD LONGTake 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 monthly/weekly resistance level. I have linked the original analysis to this (check below). Analysis performed on March 28
Long
by NoCeilingsTrading
1