USDCAD sell idea, kindly share your thoughts in the comments. Thank you
USDCAD short trade targeting 77 pips against 60-65 pips SL. Kindly apply Risk management properly.
D1 - Price is moving inside a channel. H4 - Bearish hidden divergence. H1 _ Bearish divergence, if the price breaks below the low shown in the chart, it should open the bearish momentum.
After 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...
D1 - Bearish divergence. H4 - Breakout of the trend line, breakout of the 1.3250 level which is a critical one. Looking for sell setups with bearish evidences as long as the top holds at 1.3350.
Comienzo de un nuevo impulso bajista, confirmado por un rompimiento de linea de tendencia con una consistente vela bajista.
W1 - 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...
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...
Selling USDCAD from this area as double top forming and 1st peak retested a long term channel zone. 1st target is conservative and will be looking to keep entering sells with relevant entries past the target.
Hi all, I believe USDCAD will drop in price soon as we have had a breakout in the trend line AND a retest of the trend line! Have fun all!
My details: Entry @ 1.31840 (sell stop) Stop Loss @ 1.32160 (32 pips) Target @ 1.31270 (57 pips) Reward:Risk = 1.78:1 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more!
Trend lined broken and retesting. Waiting for confirmation and expecting down. Technicals and fundamentals look good for some weakness from USD.
W1 - Price broke below the channel, currently it looks like a pullback is happening. D1 - Bearish hidden divergence. H4 - Bearish divergence. We have two possible scenarios: - One more push higher and then we may look for sells with bearish evidences. - Immediate continuation lower.
USDCAD Short/Sell Idea waiting for a momentum (M30) candle close below 1.3155 to sell this one Reason: 1- Regular Bearish Divergence on MACD (in red) 2- Objective Wedge Pattern (in blue) 3- Rejection/Supply zone from Daily/H4 Three confluences are enough to consider Selling USDCAD, after a break below 1.3155 (in gray)
USDCAD third touch of the trendline aswell as 3rd touch potentially of the top of the range. Also hitting the .500 key level