Dear traders, USDCAD is at the top of a channel. Getting a lot of rejection indicating downward pressure. This trade is 1:3 R/R ratio. Good luck! __________________________________________________________________________________________________________________________________________________ Guys if you like my ideas, please drop a like and follow me if u like...
USD/CAD Watched this pair closely last week, waiting for the short set-up, ideally looking to see if we can trade similar to the drawings, for that swing short play.
USDCAD going Short after re-tested the broken trendline TP(1): 1.29880 TP(2): 1.290 SL: 1.3087 If you find this idea useful please press Like and comment, thank you Good luck all
Lets take a quick look at a potential ENTRY area for USDCAD. This market is moving nicely to the downside and we just got even more SOLID confirmations for continued sells. TAKE A LOOK!
This is forming a contracting flat. A reverse to E would be optimal to enter in.
Sell Opportunity here. Look for perfect entry at lower timeframe. Position : SELL
D1 - 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...
It hit a very strong resistance level and also formed a bearish engulfing candle... A strong reversal will be occurred!
Tendencia bajista usdcad, retroceso fibonacci, doble techo en h1 y velas de indesicion en 1d, buscamos nivel 100% del retroceso asi esperando que baje 240pips , tambien tenemos rompimiento de tendencia en h1 buscando la baja, paciencia y por esos profits
USDCAD SELL IDEA Kindly share your thoughts in the comments.