Usdcadbuy
USDCAD to climb from upside confirmation, potential bounce! USDCAD to climb from its upside confirmation at 1.39645 where it could potentially bounce further to 1.40216.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.38802 where it could potentially react and bounce to its resistance at 1st resistance at 1.39610.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD - SWING - 11. MAY. 2020Welcome to our weekly trade setup ( USDCAD )!
-
1 HOUR
Bearish market turning bullish right now..
4 HOUR
Prices reacted to previous support zone and broke back above sr level.
DAILY
Overall sideways moving market, looking for another push to previous range high!
-
FOREX SWING
BUY USDCAD
ENTRY LEVEL @ 1.40130
SL @ 1.39210
TP @ 1.41430
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
On his way to the resistance #USDCADA very interesting pattern of support and resistance was created with 3 support points and 3 resistance points, because of our proximity to the support line and the margin we have until reaching the resistance line we recommend buying
The bullish trend supports our model
Target: 1.4120
USDCAD: Expect Further Upside Towards 1.4280Hi Traders,
USDCAD will continue with the current bullish momentum until it reaches key resistance at the 1.4280 level. At this point, I'm expecting to see some reversal where price will continue the down trend. At current levels, look to join the current upside momentum only when price pulls back. Otherwise, look for short position from the blue box.
Regards
Wave Theorist
USDCAD Buy 4Hr IdeaSo sorry I thought I posted this idea :( I'm doing really bad at this.
Lets see what happens at TP1 that will be our new entry!
USD is on the up for a short period lets see if the bullish movement will continue up to the 1.42347 area. We can then wait and see if the bullish candle breaks the resistance zone I've marked and become support letting us ride it all the way to 1.45308. Let's see what happens good luck!