USDCAD-SELL
USDCAD Short Term Sell IdeaD1 - Bearish hidden divergence, we have also have two downtrend line and the price is currently nearing them.
H4 - Bearish divergence
H1 - We have two critical zones that has formed based on the fibonacci expansion levels of the waves we have.
Price has reached the first critical zone we may now look for bearish setups with more bearish evidences in order to start looking for short term sells.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences in order to join the short term sells would the second critical zone.
Easy 250+ pips, dont miss! - USDCAD - SELLAfter analysis i can say we will haveve much more bigger down trend. CAD is have today rate cut and positive results for CAD are he is gain some strengt, BoC Interest Rate Decision A:1.75% F:1.75% P:1.75%. USD today one of the weakest curencys is, with negative Trade Balance (Jul) A:-54.00B F:-53.50B P:-55.50B
TP1: 1.32000
ENTRY: 1.32250+-
SL: 1.32670
Chart time frame - 1D
Time for reaching TP - 8 - 72 hours
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USDCAD Sell IdeaW1 - Price broke below the bottom of the channel. Currently it looks like a pullback is happening.
D1 - Bearish hidden divergence.
H4 - Potential triple or special cycle forming. Currently the last leg is developing,
We also have a critical zone that has formed based on the bottom of the W1 channel and the fibo levels of the cycles.
We may now expect one more push higher with the price reaching the critical zone, we may then start looking for sells with more bearish evidences.
usdcad Sell Hi All ,
This pair , present itself for a sell scenario , over the past week , there haven't been enough volume to move price slower , & oil price has been playing is part on this pair .
Techinically i would wait for an entry at 1.34-5 region , but i'm taking a more aggressive entry on this pair due to FED meetings & note .
Entry 1.33571
SL 1.35430
TP1 1.29079
TP2 and TP3 Marked .
SWING TRADE 1-10weeks .
Many Thanks.