This for Long Term Divergence IN RSI. Before entering trade do your own research.
This is for short term And this is risky too. Please DYOR before entering the trade.
The pair has been very bullish and we look to continue with a bullish move. We set our SL and TP around the indicated levels on the chart. We hold our trades and let the profit run keeping our Risk to reward reasonable. We know what we are doing and we do what the market is doing.
as long as this structure has not been broken i will be looking for buys back up to recent HH. this structure lines up in between 50 and 61.8% on Fib Also you can see it wasn't broken on the 4H which shows me there is buying pressure in this zone Looking for entries around 1.3265
Potentially Inverse Head & Shoulder formation is forming and classic RSI Bullish divergence looking for Long once the trend changes
Initially I thought this to be a sell. However the upwards imbalance and the fact that it has broken upwards and barely broken downwards makes me believe it will long in the long run. Anyone reading this, just make sure that before entering there’s another up break (we’ve had enough breaks but another one will most definitely confirm it.)
Hi fellow traders, USDCAD seems to be completing the expanding flat correction in WXY formation. Look for a buy opportunity from here and target the resistance levels. Good luck and trade safe!
There's been a long trade opportunity on the dollar-loonie trading chart, following the fake breakout of the price below the 1.28194 horizontal support level. This signals a buy because of the bullish harami candlestick pattern; with the bullish candle closing above the same support level. You can enter the trade around the 1.28294 price level and set your stop...
Hi everyone ,, i hope you had a great weekend ,, Everything is explained on the chart ,, With the FED INTEREST RATE news on 27th,, this will be great trade. If you like the idea give it a BOOST ,, and FOLLOW for more . TRADE SAFELY.
Here is my view for USDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for USDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DXY currently stands at 103.100 LEVEL. The USD has been slightly WEAK since the MARKET RISK ON in the last few days. Also, at present the CAD FEATURE is at 0.7873 LEVEL. However, CAD is a bit WEAK compared to DXY. Due to this USDCAD is becoming BUY. This is because USD gets a POSITIVE SENTIMENT and USD gets a RATE HIKE SENTIMENT. - Currently the OVERALL...
Market formed an overall uptrend, and now broke a structure in a downwards correction, recent higher low was created on a key market level where it got support and bounced back up, we can enter now, for a better risk to reward ratio, or enter at the point where market broke a structure for a more safe entry. Target: 1.301 (POC) Entry: 1.284 (Point of structure...
Here is my view for USDCAD on D1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for USDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
When it comes to the technical analysis of USDCAD, you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a support...
Well looking at this trade,it is possible liquidity will be picked before moving upwards but i am looking for only BUYs on this currency!
⛔️ USD does not have such important indicator data to release today. But the most important LABOR DATA for CAD is due out today. It will be released during the NEWYORK SESSION. Most likely it will be POSITIVE. We are waiting. ⛔️ DXY is currently at 98.83 LEVEL. USD has been WEAK for the last few days. But after the FOMC, the USD got a slight POSITIVE...