USD CAD - Triple Bottom. Looking nice for a buy back up to 1.41
This trade looks very promising. The market is currently moving in a descending triangle as shown. This means lower lows and lower highs. We are currently approaching the low of the edge of the triangle. Secondly, the 50 Period EMA has been dis-respected therefore we expect it to bounce back from it. Thirdly, the market is moving above the 200 EMA supporting the...
Trading the range of the current price action. Price has displayed a higher high so if we see a lower low price may exceed the supply zone marked. The USD and indices are all rising regardless of the negative fundamentals including the nfp last week, so we can expect to see a lot of traps over the next coming weeks with the institutional market manipulation...
Looking for USD CAD long from 1.387 area. Targeting a move up to 1.42 region. Patiently waiting for entry.
Please message me with any questions tips or suggestions! -CO
DAILY CHART EXPLANATION: 🔸 "USD/CAD Breaking the Downtrend" Daily Chart: . . 🔸 Price has been on a Descending Wedge for more than a year. . 🔸 It has broken the Descending Trendline of the Wedge today. . 🔸 We consider it has potential to reach the Resistance Zone at 1.35300, and, if this zone is broken, then the next target is the Resistance Zone at 1.36500. . 🔸...
Hello guys, From the weekly view I believe the usdcad will create another green candle and will reach the upside target. Daily I personally wait to see the price action and I will enter in this trade to gain as much pips as possible. 4H I will search there for the entry. Thank You If you like my content I put many trades on my personal website too and I...
Possible breakout, great trade opportunity. The two MA confirm the forecast.
Possible long opportunity on the USDCAD - wait for further confirmation on the 4hr and other technical indicators. May hold out until Monday, to enter.
USD CAD appears to have hit a level of resistance and looks to rebound towards 1.35, be careful as it appears to be hovering around resistance.
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Based off the 4H chart, looks like we should be approaching our Daily resistance level. Then we should plunge back to our initial trend line after the fake out!
Possible buy on the USDCAD. - Monthly TrendLine - 0.5 Fib (Daily) - 200 EMA Looking for 60-100 pips.
market has reached a strong support level and bounced from 50 EMA we have engufliing bullish candle on 4H as well we can enter the trade now with stops below the swing low use 2% of your capital or use your money management Trade green To join premium signal telegram group PM us like and share if you agree
Long opportunity, provided the fed maintains an Hawkish approach to the rates.
WELCOME TO DACAPITAL TRADING!! USDCAD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Explosive H4 Breakout of previous week range closing h4 candle obove 1.2925 DAILY Overall last few days very bullish forming new short-term highs WEEKLY Second very strong bullish weekly candle indicating strong buyers pressure...
50% fib level reached, price action showing good reversal price action on daily.