Usdcadsell
Mon 27th Jun 2022 USD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/CAD Sell. Enjoy the day all. Cheers. Jim
USD/CAD Made Head&Shoulders Pattern,Short Entry After 4H ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USD/CAD looking for a short again | it will drop most probably USD/CAD was on watch for weeks and then we caught a heavy portion of the move down
Folks it's time to catch it again
On the daily Time Frame: We have our 1-2-3 ascending structure where we never broke any significant low. Now we've come back for the mini double-top within the pattern and we'll be looking to take this position all the way down again.
On the 4H Time Frame: We did have a bit of an impulsive move to the upside, Market already show rejection
Note:
Either we do get the flag in 4h charts, in which case this will be ready for London session Monday and you'll be able to take a risk entry or a reduced risk entry.
There's a good chance that it rejects and comes back up with a structure again.
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USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/CAD rally has stopped at the previous top, time to fall?Dear traders, bolstered by the increased demand for US Dollars, USD/CAD has been in a strong rally
for the past two weeks. However, a bearish candlestick has appeared in the 4Hour chart, and that too
in the supply zone which makes it quite significant.
If the bulls fail at this level, then we can see a strong decline in price towards 1.2750. So, I will be looking
for bearish candlesticks in the resistance area and sell entry will be taken between 1.3040-1.3080 with SL
above resistance and TP as indicated in the chart.
USD/CAD Short Trade SetupHey Guys!
The Usd/cad's weekly bias is currently short. Or in other words, price is likely to reach 1.2400 before reaching 1.3075.
In this post I explain what I'm looking for in order to enter this short set up. As well as what I'm looking for in order to confirm this weekly short bias.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD SWING SHORTCOT DATA and PA shows the same direction for USDCAD, there is possibility to turn long at 1.2718 but we might just see a little long impulse and then keep dropping.
Overall Target is 1.2645
If price holds below 1.275 after hitting Target we could continue to 2. Target = 1.24571
Please Manage Risk