USD/CAD is preparing itself for bull trend!!!Wait for 1.26210 price level to buy in then sell @
Profit Targets:
1.27380
1.28120
1.28640
Stop loss:
1.2590
Have a nice day
Berk
Usdcadlongsetup
USD/CAD Bearish Long term SetupIt seems USD/CAD is on bullish channel. It's already reached it's support price @ 1.30700, Now there is a good opportunity to sell until price @ 1.24000
MONTHLY TEACUP ON USDCAD 1000 PIP TP 1COULD IT BE ????? A 1000 PIP TRADE IN THE BAG ?? ALL THE SIGNS APPEAR TO BE THERE FOR USDCAD TO SHOOT UP.. DAILY TRENDLINE BREAK W WEEKLY DOJIS AT THE DOUBLE BOTTOM I FEEL WE HAVE A GREAT TRADE COMING HOPEFULLY THE BEARS DONT COME OUT OF NOWHERE AND FEAST ON US ALL
USD JPY ready for long breakoutOANDA:USDJPY
Time Frame : D
Pattern : Symmetric triangle.
Price is on the support, RR for the trade is 1:6
I would recommend to invest 2-5% for 1-3 months trade.
Target :
118
121
125
Stop loss : 111
LONG USDCAD on neckline break @1.2970H&S formation
Enter on a break of 1.2970
Target 1.3700
Stop @ 1.2670
USDCAD Potential LONG Trade Opportunity USDCAD moves towards 1.28170.
Chart Time Frame: H1
TRADE: LONG
ENTRY: 1.28170 – 1.28100
STOP: 1.27900
TP1: 1.28450
TP2: 1.28580
Trade setup is valid for 5 H1 candlesticks. H1 Closings below 1.28100 would invalidate the setup
USDCAD |H4| BULLISH BATUSDCAD |H4| BULLISH BAT
BAMM Opportunity present on here too. (Only take with good price action though.) I'll update this if BAMM is a go!
Take BAT on completion.
RECOMMENDED RISK: 2% BALANCE
USD CAD viewHi,
Price is trading well between the symmetrical triangle. The breakout can be anyside. Trade the breakout with your sl.
USDCAD LongLooking for price to test that orange zone between the 50 and 61.8 fib levels. At the moment, price is sitting on the 50 level but reversal is expected to fall within that zone before I go long on this pair. That's the technical analysis and as far as fundamentals are concerned, USD looks to be gaining some strength at the moment. So lets see how it plays out.
Apply your own analysis. This is not a signal.
USDCAD Stronge S/R,Trendline 1. s/r 5 2. 11 3.8
strong s/r and trend line wait to see if its gonna break or not.
Rules:
Wait for confirmation.
Go with trend and momentum
Don't try to get in too early.
Don't risk what you can't afford to lose!
long USD CAD @ 1.2606This looks like it wants to go up.
trade plan
Go long @ 1.2606
Stop 30 pips below previous lows
Target 1.2710
USDCAD - Monthly support + AB=CD with DIV - 4HR - POT longUSDCAD - Monthly support + AB=CD with DIV - 4HR
We are just entering Monthly support and AB=CD complete at same price level.
A little further down is Butterfly completion point.
RSI Divergence is showing us we may not reach the pattern completion levels, and the AB=CD may take effect to react first.
Waiting on candle close and reaction here on the 4HR
DIV is notable from Oversold into normal RSI zone on all time frames at current price level and retesting the 30
USDCAD dropping perfectly, remain bearishSell below 1.3482. Stop loss at 1.3543. Take profit at 1.3387.
Reason for the trading strategy (technically):
Price continues to drop perfectly towards our profit target and has made a nice bearish exit signalling that a change in momentum is expected. We remain bearish looking to sell below 1.3482 resistance (Fibonacci retracement, pullback resistance, swing high resistance) for a further push down to 1.3387 support (Fibonacci extension, horizontal swing low support, Elliott wave theory).
RSI (55,5,3) is seeing strong resistance below the 55% level where we expect to see further bearish movement. We also see a recent bearish exit signalling that a change in momentum to bearish is expected.
USDCAD remain bearish below major resistanceSell below 1.3540. Stop loss at 1.3595. Take profit at 1.3431.
Reason for the trading strategy (technically):
Price is seeing major resistance below 1.3540 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, Elliott wave theory) and we expect to see further bearish movement below this level to at least 1.3431 support (Fibonacci retracement, horizontal swing low support).
RSI (55,5,3) is seeing strong resistance below the 55% level where we expect to see further bearish movement.
USD VS CAD LONGSO I AM STAYING WITH MY PREVIOUS view what i discussed earlier. watch the chart. everything is described why i am staying with the long.
If 1.35700 is taken out and the daily close below it. then i will change my mind for staying with bears. but i see chances are few.
Happy Trading
USDCAD LONG SETUPLong @ 1.30 LT HTF Support Zone + Previous swing low area
Stop: below previous swing low
Target: previous swing high around 1.32 (+4R potential)
USDCAD Weekly View: Remain bearishSell below 1.3180. Stop loss at 1.3600. Take profit at 1.2500.
Reason for the trading strategy:
We remain bearish below 1.3180 resistance (Fibonacci retracement, bearish pullback) especially with the break of our long term ascending-turned-resistance line signalling a bearish exit to be seen for a drop towards at least 1.2500 support (major swing low support, Fibonacci projection).
MACD has broken a key support-turned-resistance line signalling a drop is expected.
