Ucad
UCAD Pullback coming.I'm expecting either a reversal or huge retracement at this price. 1.305 precisely. UCAD is very oversold right now. 1 more push down it will hit the .382 fib from Sept 2017 for the first time. Buyers likely.
UCAD looking for peak Supply before continuationUCAD staircasing its way up to the supply Zone in a loose ABCD formation, dont sell it now there are plenty of reasons to sell it in the peak supply area instead.
UCAD sell Quick sell idea. Could break this resistance and reach 1.354 area however. I have a tight SL at 1.35150
UCAD Bulls Have a Nice Area of Confluence to Push Off Of
Not much to say here folks, we can see it playing in between this ascending wedge pattern. Plus its at an area of previous resistance turned support.
Good Technicals, decent fundamentals anddddddd a good R&R (Risk to Reward), make this opportunity a little too good to pass up!
Hope you enjoy! Feel free to like or comment, as long as its positive!
Regards,
Alex
USDCAD "The Moose is Loose"Winter is coming and so is interest hikes. Crazy price action last week. However, price returned under support. I also expect oil prices to rise. UC should drop here
USD CAD ShortsBOC rate hike is expected
Dollar seems to be getting rejected again at resistance
UCad also hitting resistance and fail to break
RR is good so short opened --
USDCAD Long USDCAD :
1.breakout ctl
2.reject on 50 fib
3.touched support zone.
Good opportunity to buy it.
2.5 r/r
91 - UCAD - Sell after pullbackHi
I sell on the swing candle pattern.
Pullback
(Near to) cross SMA20.
TP around 1.27xx
where is USDCAD?? After a massive drop from USDCAD I'm looking to take long until 1.29 to fill the gap
USD CAD ShortUSD CAD hit resistance and it looks like Inverse H & S could be made
RR is good since stop is right above the entry
USDCAD - Not Confirmed... But a Possibilityon the 4H chart we have broken the neckline on a smaller head and shoulders pattern which here on the daily chart has been completed in the right shoulder on a structure support area. This pattern has not been confirmed yet as the neckline still has a while to go, but the 4H chart does confirm to me we will see some upside so the completion of this larger pattern has a higher probability of completing as well.
I will be monitoring this as it progresses but a move up to the 1.35 price range is what I am hoping to see.
USDCAD - LONG AGAIN? [SWING TRADING STRATEGY] USDCAD
1D : Can Clearly see that Bullish engulfing happened. Then Price Break Resistance Line (Resistance Become Support) @ 1.3100
Target Buy
4H : Price is doing retracement. Wait for buy signal @ minor snr lines (black dotted horizontal line) Preferred buy level is at BRN level.
Target entry:
Buy Limit @ 1.3100
SL @ 1.3050 (50pips)
TP @ 1.3200 (100 pips)
TAYOR
USDCAD LONG LONG LONG? [SWING TRADE STRATEGY] USDCAD
1D: The trend is currently uptrend. A simple trend continuation pattern can be seen clearly on this chart. Price is currently doing retracement. Wait for buy opportunity.
4H- Price is approaching the TL and minor support line @ 4H. Can look for buy signal from that level.
Targeted entry level:
Buy limit @ 1.3080
SL @ 1.3050
TP @ 1.3200
RRR 1: 3.67
TAYOR
USDCAD Fibonacci Support Resistance Zones: UC as of Jul 15This is my periodic update of Support Resistance zones for this pair.
USDCAD has been range bound, so there have been many fib clusters defined within.
Thus the choppy price action, because many resonances have been set within the range.
This will be a very interesting week for USD pairs in general, and UC in particular due to trade wars.
General Info
These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.
Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.
Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.
I will update as new zones are defined by upcoming Fibs.
72 - USDCAD - buy with RSI divergence and HH candle.I buy from my setup of HH candle, cross SMA20 and RSI divergence. (but aware that daily tf it's still below the SMA20)
TP around 50-61.8% fibo level.
