USDCAD Sell for 9 months potential profit 800 - 1800 pipsUSDCAD Sell for 9 months potential profit 800pips - 1800 pips
Good Luck!!
USDCAD-SELL
USDCAD Sell IdeaW 1 - Price broke below 61.8% and it is now re-testing this level. We are after sells in the longer term.
D1 - Trend line, Fibonacci Retracement 23.6% and 61.8% Fibo Expansion, they all come to the same zone. Will that be enough to stop this rally? Let's wait and see. What we know for sure is that we want to pay attention to this level.
H4 - Divergence already forming. We are inside the strong resistance range. There is a new updated up trend line that we are following.
Conservative Approach - Double trendline breakout principle or wait for the trend line and most recent low to be broken down, then short pullbacks.
USDCAD - wait for break to selllooking to sell usdcad after break of trendline and retrace as described on the chart.
Best of luck :-)
USDCAD Sell IdeaScenario 1 - Price reached a good zone to start looking for shorts and the way to do so is first of all to see a breakout below 1.2650 zone. Then look for corrections and we can short.
Scenario 2 - We can look for sells and to see one more push up, recreating the divergence a bit higher around 1.28.
USDCAD Sell Setup By Wave AnalysisHi Guys after a long ago i posted this idea hope you guys like it sell under the low if market will not break the high first! Trade With Care
USDCAD Sell Setup Buy Wave AnalysisHI Guys today is Friday as you guys already know today is some news's of CAD so i'm going to share the possible moves of cad pairs.
use money management use your entry strategy to enter AND Trade With Care :)
Usdcad Sell Setup By Wave AnalysisHi Guys this is another trade setup by wave analysis wait for clear confirmation for short position. (TREND LINE BREAKOUT MEANS NOTHING TO ME) I've some Entry strategies to Enter i can use the Behalf on what of Structure is developing. Use your Entry Strategies to enter Use some money management And Trade With Care :)
USDCAD Sell Setup By Wave AnalysisHI guys this is a simple sell Idea. Guys don't Forget i am just showing you the Direction of the market! you Must have to create your own breakout Entry strategies . and Money management is also important. look for breakout out and use your Entry strategy to enter . Trade With Care :)
USDCAD Sell Ideain this pair my long term view is still bearish.
W1 - Suggests down moves.
However we are still moving inside a channel and price just bounced from it.
We can see it back on top, until 1.3550 level is holding we will be looking for sells.
H4 - Bearish trendline slightly higher. We may expect the price to find strong resistance around 1.34 level.
Price is already inside the sell zone (23.6% - 38.2% Fibonacci expansions zone).
So starting from here, up to the trendline, we can look for sell opportunities.
USDCAD Sell IdeaOn the W! chart, duplication of first bearish leg is expected. Price moving lower now after respecting the weekly channel..
On the D1 chart, price broke the uptrend line and duplication of first leg is expected.
On the H4 chart, we will be looking for the broken trend line to be retested and corrections towards the zone 1.3390 – 1.3440 which will provide us sell opportunities.
Protection above 1.3550.
Target 1 – Risk-Reward of 1:2.
NOTE – move the stop loss to break even, once the trade has risk:reward of 1:1.
Target 2 – 1.2890.
Target 3 – 1.2570.
USDCAD Sell IdeaWe are most likely going to see another small push down (potential H1 bullish divergence to form and complete) and then I'm expecting a double wave correction up. Most likely the double waves will form on the H1 chart. Once that happens, we want to see a break below the trend line, connecting the 2 waves.
Sell with the breakout. Final target 1.35
USDCAD: Patience will be the winnerMost traders are anticipating the drop of the USDCAD in the broader perspective. I still think it is a little early for the USDCAD to drop, but only time will tell. For now we need to watch price retest the highs it made this past week. If it fails to form new highs then we can look for a short opportunity and hold it. I am expecting the price to at least get to the 71.8 fib level before reversing to match the AB leg, forming the CD leg with an bearish implusive wave.
Waiting For A Reversal On The USDCADBuyers have been dominant leading to the series of Higher Highs(H, HH1, HH2 and HH3) with the corresponding series of Higher Lows(L, HL1 and HL2). However, "Point F" is challenging "HL2" instead of creating a supporting Higher Low. And since the last push by buyers was very brief, it's likely that we see a reversal in the direction of price as momentum decreases.
Keep in mind, price is still in buyers territory so the current buyers have to give up before sellers start to dominate.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
the fall is coming! (lol someone hire me!)there is sure to be a fall, just have to wait. i could be wrong, but i srsly doubt it.
waiting for the daily to pay off big time.
sad to say that this may also signal the s&p downtrend.
USDCAD: Short opportunityIf you followed my previous 2 post of USDCAD, you would see I was looking for long opportunity for this pair. Most recent post suggest a short term sell bat, but at the momentum it was moving, the likelihood of it playing out was very low. So I closed out and bought this pair as it reversed up. Now I am expecting this pair to slow down. But anything can happen during Trump speech.
Trade with care.
USDCAD - RECIPROCAL AB=CD + BAT PATTERNVERY HIGH POSSIBILITY TRADE!! We have a mix of alternate AB=CD with an RECIPROCAL AB=CD + BAT PATTERN. I have 2 targets, 38% and 61.8%.
USDCAD SELL SWING-If we go to the daily timeframe,
price broke bullsih daily trend
then making a retest where the
red circle is,this retest is also
made on a weekly PRZ zone with
a matching point in the 38.2%
weekly fib. confirming a daily downtrend
-Price is trapped btwn 2 daily PRZ,
so what we gonna do is follow the
trend,wait for the price to make
a new LH below the blue resistence,
and sell there with a 120 pip SL
against a 630 pip TP,minimizing the risk,
avoiding selling close to the
blue support PRZ
USDCAD SELL SWING!!!-If we go to the daily timeframe,
price broke bullsih daily trend
then making a retest where the
red circle is,this retest is also
made on a weekly PRZ zone with
a matching point in the 38.2%
weekly fib. confirming a daily downtrend
-Price is trapped btwn 2 daily PRZ,
so what we gonna do is follow the
trend,wait for the price to make
a new LH below the blue resistence,
and sell there with a 120 pip SL
against a 630 pip TP,minimizing the risk,
avoiding selling close to the
blue support PRZ
USD/CAD SellUSDCAD broke to the downside, wait for a correction before entering the trade. This is near the top of the corrective move therefore, huge risk to reward ratio. If you don't know to trade this set up please stay away from the trade.
If you have any questions please feel free to message be. Ill be happy to help. Give this post a like if you agree.
**This is not a trade call, my personal view only.
USDCAD - Bearish potential for W-3 setupHi guys.
From the oil news, it effects to the USDCAD
For the sell setup.
A-B-C pattern and now it is the wave C (TP first meet at 100%), next is 161.8% at 1.3200
Aware: NFP tomorrow. Whatever, i will close before the news.
