Hi Traders, Please see above my analysis of UC on the 30m timeframe with a possible re-distribution taking place. Please leave a comment and a like. Have a good weekend.
Head and shoulders formation, then break structure and fall to lows of previous week.
USD/CAD roll off key zone, following the weekly bias short. Next target is 1.30200
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Day-Swingtrade-Execution Sell-Limit: 1,32300 Stop-Loss: 1,32650 Target 1: 1,32025 Target 2: 1,31810 Target 3: 1,31610 Stop-Loss: 35 pips Risk: 0,5 % - 1% Risk-Reward:2,02 LEAVE A...
Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation! USD/CAD: Day-Swingtrade-Execution Market-Sell: 1,35855 Stop-Loss: 1,36225 Target 1: 1,35540 Target 2: 1,35270 Target 3: 1,34935 Stop-Loss: 37 pips Risk: 0,5 % - 1 % Risk-Reward: 2,50 LEAVE A LIKE...
USDCAD Short - Daily Timeframe Entry - 1.305 TP - 1.285 - 200 pips SL - 1.315 - 100 pips Disclaimer- I will ordinarily avoid trading around or near NFP, but I'm making an exception this time around, which could turn out to be a bad move. I've been in and out of shorts on USDCAD for a while now, but this looks like an opportunity to capitalize on a larger move...
UC: Daily short setups valid after close
We've cleared enough profit to move stop loss to entry so this is as of now a risk-free trade. Our first downside target remains 1.315 which is just over 100 pips. We're currently floating +38 pips and look for more downside price action in correlation with Oil potentially breaking 78$ a barrel. Four days of bullish price action were over with yesterday's bearish...
Based on UJ seasonality, RSC and price action I'll almost dare to say that I will eat my shoe if I can't catch a 100 pips down with UC before Wednesday November the 20st next week.
Technical Analysis: Wedge Pattern - waiting for it to break and close below. Target is based on trend line . Overall image, this pair is currently in a channel pattern but we can take trades within it.
Still waiting for an opportunity to go short, lets wait and observe This is most likely scenario that i see Watch the full market overview on my youtube channel www.youtube.com
First green line is target 1. Second green line is target 2.
Entry - 1.329 Take Profit - 1.32 - 90 pips Stop Loss - 1.33575 - 67.5 pips I don't usually like to trade against the trend, but the reaction following the CAD CPI/retail data has me thinking it's time for a correction. The price jumped off of terrible data, but fell back below my significant level of S&R (1.329 - light blue line). The long wick on the weekly...
Bearish in my opinion heading into the next weeks. Entry at .99300, good luck to all.
USDCAD is overstretched to the upside. On the 4H chart, it is outside 800 period Bollinger Bands. Furthermore, there is divergence towards the 1.34 level, suggesting momentum of the upward move is slowing. I expect a pullback on this pair, especially as oil appreciates back to the $50 level, to 1.32. Below 1.32, strong support should be expected at...