H1 - We have a critical zone that has formed. Once the price reaches this zone, look for evidences of bearish pressure and then start looking for sells. H4 - If hidden bearish divergence forms, then that would be an extra confirmation.
The PA on the monthly chart is headed up, but the daily bars are in a downtrend channel. So, what is its direction? The pair is hovering for now on the top of two mid-trendlines: the daily and the weekly. It is visible on the chart that it made two attempts to cross the weekly mid-trendline and there are no clues it won't do it again and perhaps succeed. A second...
I think for this pair USDCAD I recommend to sell but I think that USDCAD will move not too much since USD has a sign of strength too I think that It will move a little downward to 1.3 area level If you like my analysis please help to like and follow Thanks
H4 - Price has reached the top of the channel, we have bearish divergence and false break. Until the price is below the top of the channel, we may look for sells with bearish evidences. Invalidation: If the price breaks and holds above the top of the channel, then this setup will be invalidated (false breaks can be neglected).
USDCAD approaching strong resistance zone at 1.3112. Shorting this pair hard for 40 pips. Take half of lots out, and set trailing stop loss. Goodluck, trade at your own risk.
H4 - We may look for a correction to happen now and once this correction completes itself, we may look for short term sells towards 1.29. D1 - 1.29 zone is a confluence of Fibonacci expansion level and 2 trend lines. Once the price reaches this confluence zone, we may look for longer term potential buy opportunities with bullish evidences.
USDCAD SELL Entry: 1.3130 SL: 1.3180 TP1: 1.3070 TP2: 1.3035 R/R: 1.93 • All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time
WELCOME TO DACAPITAL TRADING!! USDCAD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Small bullish Pullback above Previous H4 consideration zone taking out sellers DAILY 3 Bullish Daily streak after a strong bearish movement WEEKLY 1.338 Key Level taken out with a strong bearish reaction lets follow this...
USDCAD price could make a pullback to continue the downside movement until target 130.000. and then we see if we continue dropping to our second target(Daily trend line)
I sell it with the LL candle (dow) and you see that it fall beyond trend line already. But I'm not sure where is the TP The fibo level at 38.2 / 50% you see that the 38.2 is very closed to price, so it is not good RR. I look for 50% for good RR, But run trend with the Dow candle stop (or SMA crossover)
Trading System on USDCAD Sell on 27th of June 2018. Technical retracement on USDCAD. EP(Asia Market):1.3310 SL:1.3340 TP1:1.3280 TP2:1.3250 if the level of the price position at the 1.3330, we could close the trade position below. SYSTEM: Range Trading Trade Management BE on 20 pips Trailing 20 pips
looking at the momment USDCAD is going down now it has a high chance probability to go down to 1.32569 trade with care If you like my signal please help to like and follow Thank you
I see the opportunity to SELL USDCAD since last week the USD is very strong because of rate hike now it is the time selling USDCAD enjoy trading If you like my analysis please help to like and follow Thank you
Trading Signal on USDCAD Sell on 20th of June 2018 Technical Retracement on USDCAD. EP(Asia Market):1.3286 SL:1.3316 TP1:1.3256 TP2:1.3226 if the level of the price position at 1.3300, we could close the below trade position. SYSTEM: Range Trading BE on 220 pips Trailing on 20 pips
Trading System in USDCAD Sell on 25th of May 2018 Technical Retracement of USDCAD. EP(Asia Market):1.2910 SL:1.2940 TP1:1.2880 TP2:1.2850 if the level of the price position at 1.2925, we could close below the trade position. SYSTEM: Range Trading Trade Management: BE on 20 pips Trailing 20 pips
H4 - Price is moving inside a range. H1 - Looking for continuation down after the breakout of the uptrend line. Once the price breaks below the uptrend line, we may start looking for sells.