Short USDCAD. An opportunity to short on the fibonacci pullback.
I think the USDCAD is set up for a sale on the 4H with fibonacci. Lets see!
H1 - Price is moving inside a channel. If the price move higher, breaks above the top of this channel and reaches the possible sell zone shown in the chart, we may then start looking for sells with bearish evidences.
H4 - Price is nearing the top of the bullish channel. We have a critical zone that has formed based on the top of the channel and the fibo levels of the cycles. We may now expect one more push higher with the price reaching this critical zone. We may then look for bearish evidences in order to start looking for sells.
What the ... of this 2-3 day ago. Now i'm a little confuse,after i loss 5 streaks. USDCAD . i long, but still hit. Now i upset and mad.
Wait for price to hit resistance and trend area. wait for confirmations
D1 - Price is moving inside multiple channels. Currently the price is trading in a critical area where two of the channels coincides. H4 - Two false breaks with bearish divergence. Wait for the price to move lower and break below the low shown in the screenshot (marked in green line). We may then look for pullbacks and sells with bearish...
- Trend continuation - Fibonacci level resistance - Good Risk/Reward ratio
USDCAD VENTA/SELL ENTRADA/ENTRY: 1.3090 - 1.3100 SL: 1.3145 TP1: 1.3005 TP2: 1.2920
As seen from the chart, price is current at a resistance level alongside with a channel. A good opportunity for selling has presented itself. Do let me know what you guys think.
WELCOME TO DACAPITAL TRADING!! MONTHLY FOREX MASTER SIGNAL 4 HOUR Strong bullish reaction of 1.27850 with pullback to previous lows DAILY 5 Bullish days in a row, expecting a drop after the pullback now! WEEKLY Bearish waving market overbought right now, good shorts! LEVELS SELL USDCAD @ 1.29860 SL @ 1.30800 (100 Pips) TP @ 1.27590 (230 Pips) Easy...
retroceso sobre el nivel 61 de fibonacci, abriendo una nueva entrada a ventas hasta el soporte marcad, TARGET FINAL 280 pips