USDCAD - Buy Opportunity - Rejection of D SupportFX_IDC:USDCAD
I am demo trading and documenting my progress. This is not intended to be a sell signal !
Wedge Structure on 1H
Retest of Daily Support and bounce off 1.3330 - Buy prediction on 4H and 1HR with SL set at daily support
Buy at CMP - 1.3340
SL - 1.3330
TP - 1.3370
Usdcadidea
USDCAD - Ascending Structure H4 - BUY At Support ZoneOANDA:USDCAD
I am demo trading and documenting my progress. This is not intended to be a buy signal !
Ascending Trendline Structure on 4H
Possible Retest of 4H Support - Currently Competing M Structure - Buying At Support Zone
Buy Limit - 1.33200
SL - 1.3247
TP - 1.3617
USD/CAD, still on his strong bullish trendHi guys !
USDCAD is on bullish way and is about to break clearly the 1.32 resistance. Since two weeks, the price is closing above all the MA (10, 20, 50, 100 & 200) on D3 scale.
My first target for USDCAD is 1.35 with a potential rejection there.
Thanks for your time guys !
USD/CAD, waiting for 0.618 Fibonacci Hi guys !
USDCAD looks bullish with indicators on green. My entrys is only if the price reach the 0.618 Fibonacci retracement with a target at 1.3260 (0.786 Fibonacci).
Currently, the support is at 1.30850, with 50 % Fibonacci and above MA10, 20, 50, 100, 200.
Furthermore, the lagging span is above the cloud and confirm an eventual new run.
Thanks !
USDCAD testing major support, potential bounce!USDCAD is testing major support at 1.2636 which is a fibonacci retracement, extension and overlap support level. We can see good price action at that area too. What is nice to see is that multiple RSI bounces has occurred that corresponded with price bouncing around this level too.
Our major resistance is at 1.2726 which is a major swing high resistance level and a fibonacci extension level.
USDCAD has broken major resistance, potential bullishness!USDCAD has broken a major resistance-turned-support line at 1.2559 which now serves as major support for a potential bounce towards 1.2645 (100% ABC Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance).
RSI (55) also sees a recent bullish exit signalling a change in momentum from bearish to bullish. This is in line with the potential rise in price.
Buy USDCAD Longterm Based on Multi Timeframe Trend ContinuationThis 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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Short USDCAD Longterm Based on Multiple TimeframesThis 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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Buy USDCAD Short Term Based on 15min TF Bullish Harmonic GartleyThis 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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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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