USDCAD Double Scenario 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
USDCAD Sell (Re-Entry) // OG Sell @ 1.3365USDCAD 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
USDCAD - WEEKLY SWING - 11. JULY 2018WELCOME 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 trend
LEVELS
SELL USDCAD @ 1.31630
SL @ 1.32360 (70 Pips)
TP1 @ 1.30810 (80 Pips)
TP2 @ 1.30560 (110 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
Enjoy our limited Free Content and Setups,
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DACAPITAL TRADING
69 - USDCAD - it hard to find the TP price...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)
Signal for Today in USDCAD Sell on 27th of June 2018Trading 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
Technical Outlook on USDCAD Sell in 20th of June 2018Trading 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
Technical Outlook in USDCAD Sell on 25th of May 2018Trading 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