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USD-CAD-SELL

USD/CAD Looking to Bear it DownAs you can see on the daily, the candle has run up next to the Fib 0.786 and is currently in a red candle on the 4hr chart (though it has not closed yet). As long as this downward pressure continues, should be a safe ride down to 1.2951 (but that's just my thoughts if it goes down). If however it does break above 1.3292 - well to be honest I'm not sure what to think of that yet... I do expect a downward return to resume as the reversal appears to have already happened back on the 28th June. This is of course just my thoughts, what do you think?
Short
by blockchainrevlution
USD/CAD - Bearish Minor C - End of CorrectionUSD/CAD previous Bearish views and set-ups worked out amazingly good and the Members cashed in some impressive green pips. Previous Articles: USD/CAD (dollar/loonie) - Elliott Wave - Long Term Forecast - BUY & SELL USD/CAD-Dollar/Loonie – Bearish Break-Out – Intermediate (C) Now it looks like another Bearish Wave could be preparing, therefore, I am signalling the alarm once more because we could be in for another dip. Intermediate (Y) (red) is expected to complete along with Minot C (red). Minor B (red) Technicals: 61.8% Fibonacci Retracements of Minor A (red) 100% Fibonacci Extensions of Minutes w&x (purple) 150-161.8% Fibonacci Extensions of Minuettes (a)&(b) (orange) Decreasing volumes pointing towards an upcoming Bearish Divergence As you can see, the Fibs are aligning for a possible Bearish outcome. USD/CAD - SELL Positions: Moderate Entry @ 1.3100 with SL @ 1.3400 Conservative Entry @ 1.3330 with SL @ 1.3600 Targets @ 1.2800 / 1.2500 / 1.2200 / 1.1900 / 1.1600 Many pips ahead!
Short
by Lionheart-EWA
3
UPDATE ON USD/CAD!So prices are still approaching the 1.32000 Region as expected HOWEVER. I am also expecting a change in trend near this region, towards the downside target of 1.27000/1.24000 . Having said this, prices could violate our resistance region at 1.32000 and penetrate through to achieve highs of 1.34000 however I don't believe that this is probable. I see it more as a potentiality rather than a probability. Let's wait and see, I'll hopefully update you guys with a nice juicy short by next week on this trade.
by Graignm09
USD/CAD waiting for bearish signalAfter USD/CAD has reached its lowest of the year (2017) due by the two Bank of Canada rate hikes, it has started to move within a bullish channel completing a Bearish Flag. Now the currency pair has risen to an interesting level. It has returned to the level of the first of the two Canadian rate hikes and very close to the resistance. USD/CAD to monitor (there is still not a "short" signal), my personal view in the medium and long-term is bearish. In my analysis, I used weekly Heikin Ashi chart.
Short
by TradingwDavid