Usdcadh4
USDCAD H4Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned pattern completion area and looking price action for a long position opportunity, if price break 1.39753 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
USDCAD swing Position and SetupAs you can see, price dropped from a very strong order block around 125820, after breaking out of a bearish flag, followed by a strong trendline break. Im hoping to see price go even lower after that rejection on the EMAs. I am waiting for price to close below the current zone to open another position.
*Disclaimer*
This is not financial advice. Forex trading is risky. Trade at your own risk.
#Trade_Like_A_Magnate
USDCAD H4 TIMEFRAME ANALYSIS (BUY) We expect to buy this pair because the market is experiencing a strong support level at the bottom and the new Jerusalem Indicator has already turned blue/green so we buy happily. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest at your own risk. Hope you will profit with us in this one as well. The entry and exit points are as shown by the lines on the chart. Choose the lot size you can afford to risk in.
USDCAD H4 TIMEFRAME ANALYSIS (BUY) 220 PIPS TARGETWe expect to buy this pair because new Jerusalem Ultimate bands is indicating a support level and there are early signs of reversing backwards. There is a strong bullish pull back awaiting the market opening to manifest. Our target in this one is 220 pips in profit and our risk to reward ratio is 1:3R The entry and exit points are as indicated on the chart. After we hit 220 pips in profit the New Jerusalem Ultimate bands Indicator is suggesting that there will be a massive sell pressure in two weeks to come in such a way that the world will wonder how the USD will start falling massively against the CAD. Probably we might experience the semi-crash during this move. Under this forecast we expect that you will manage your capital wisely and take control of your trades. Wish you much success in this one. Don't over trade.
USDCAD Break and retestThis Pair has broken out of a strong support zone with a bearish engulfing with a retest happening on the h1 where dojo candles are forming showing rejection of the zone.
Confirmations for trade:
Bearish engulfing breaking support.
Retest candles on H1
H4 and H1 MA showing bearish volume in market
NY open under support becoming resistance.
USDCAD Short Long Term Based On H4 + Daily Timeframe BreakoutThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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