TARGET: 54 PIPS TP1: 1.32765 TP2: 1.32944 SL: 1.31780
The descending line shows us a down trend.Today's candle respected to this trend and made a Shooting star which is a bearish signal. With this signal I'll go short and let's see what will happen next week.
USDCAD / LIBRA PATTERN Now wait for Right Tray confirmation
- 126pips T1 - looking for a pullback and pattern lining up on the 0.786 before going back south
USDCAD is creating a very interesting pattern, I was confused at first by what was being created. Patience and time the pattern began to unravel.
In the event the USD/CAD closes negative, it will mark the third straight red candlestick on the daily chart. July has extended the negative sentiment of late June, with price seemingly on a collision course with the 1.3000 handle. If we see a continued fall, then a buy from just above the macro 62% Fibonacci retracement is good trade location to the bull. Here...
I am going long here but you can see that the bear scenario is still possible. Higher probability for the bull scenario, I am also following the higher TF trend. I can be wrong so spare me your negatives comments, thank you. Not a financial blah blah blah... Trade Safe!!
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
It 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
COULD 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
OANDA: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
H&S formation Enter on a break of 1.2970 Target 1.3700 Stop @ 1.2670
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