03:00:23 (UTC) Sun Jan 5, 2020
I will provide updates during the week to this thread as trades develop on this pair. Please share your thoughts below as be sure to leave a like. Thank you!
Potential Sell on USDCAD as Asia and London have consolidated. It has failed to break above the 1.32400 level.
Looking or sells,till further notice; I will only enter a buy once price close above the control candle; I will enter a sell once price close below my support and bear control candle.
Hello traders. My sentiment changed from bullish to bearish on this pair. Looking at weekly timeframe, one would see that the pair was in a bullish retracement/reaction which is seemingly fading into what would seem a bearish impulse move. Let's see.
Good morning traders! My views strongly changed on USDCAD. I'm heavily bullish. I previously relied on 4H timeframe, which furnished me with a bearish signal. However, the price action on D1 timeframe issued me with a revised bias. Cheers.
Expecting UC to make a move backup in the coming sessions and will be looking for longs
The USDCAD has been in a strong up trend since March 2018. Will see it move high as price begins coils before it pops as selling pressure drys up.
we can get a short trade when the price rise up to short levels 1.35880 -1.36230 targets and stop lose on chart > This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please...
I think its clear long sl:1.3413 tp: it is open but kinda 1.3570 area
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
USDCAD is approaching our first support at 1.3057 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement, ascending channel’s support) where we might see a corresponding bounce in price to our major resistance at 1.3228 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also seeing a bullish...
Respected followers, as we can notice that USDCAD has rejected it's resistance line and ready to go down. We can sell it at current market price. Follow my chart. Trade at your own risk.
USDCAD is approaching our first resistance at 1.3675 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 1.3301 (horizontal pullback support, 23.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a...
Heading towards the top of the ascending channel on USDCAD, multiple confluences including prev resistance & possible double top forming on Daily TF therefore I believe we could have a great sell opportunity around the 1.37500 level. We are in a strong uptrend however we are over extended and have a lot of 'empty space' to fill below. Looking at the smaller time...