USDCAD | It will rise to channel resistance +200 PipsWelcome Back.
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It is still in a downward phase and on a downward channel, and with that, the third support now arrives in the event that it is not able to break it, it will rise according to the scenario that you set
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Usdcadsell
USD/CAD - SELL UPDATE We look at the USD/CAD short sell set up I posted a few weeks ago.
There are three key fundamentals driving the dollar lower at this time.
1.) Negative Interest Rate Differential
2.) Negative Current Account Balance
3.) Broad U.S Dollar Selling Across The Markets
2.) Higher Oil Prices (Positive for CAD)
We look at technical analysis entry strategies and ATR 1 month stop-loss pricing.
USD/CAD SELL IDEAHey tradomnaics,
recent pullback gives us a nice chance to short after the clean rejection of the key-resistance and trendline.
Price is also not able to move back above the HVN and PoC of the day which is an evidence of another drop.
A move below the support-line could cause momentum due to bearish confluence.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
USD/CAD - Short Sell Set UpWe look at the fundamentals behind a strong Canadian Dollar driven by higher Oil prices.
I show you the relationship between Oil and the Canadian dollar as Oil is Canada's key export, making up 20% of all it's exports.
We look at some Technical Analysis entry strategies, using one-month ATR Volatility for stop-loss area's!!
USDCAD, 4hr tf, Elliott Wave breakdown of Wave-CHello, my friends,
My second setup for today is USDCAD pairs.
As you can see, there is a descending trendline currently holding USDCAD from going up.
It is more likely price will go down as long as it is below the descending trend line.
By assuming this recent movement as Wave-A and Wave-B, we are now at Wave-5 and it is more likely to be a 5 waves movement.
We are now on wave-4 and about to continue into wave-5.
We could use Wave-1 as our protective stop loss because wave-4 could never touch wave-1 area.
Sell USDCAD 1.3020
Stop loss 1.3045
Take profit 1.2945 (3R)
RR Ratio 1 : 3
Use only 1-2% risk
Good luck
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Disclaimer : I sold USCAD from 1.3020
USD/CAD Day Swingtrade sell signalHi traders community!
Welcome to my new free signal!
USD/CAD Day Swingtrade
Market-Sell: 1,3060
Stop-Loss: 1,31000
Target 1: 1,30300
Target 2: 1,29800
Stop-Loss: 40 pips
Risk: 0,5-1%
Risk-Reward: 2,0
Pivot (invalidation): 1.3100
Our preference
Short positions below 1,3100 with targets at 1,3030 & 1,2980 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3050 remains high.
USD/CAD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
USD/CAD: Day-Swingtrade-Execution
Market-Sell-Order: 1,30650
Stop-Loss: 1,31185
Target 1: 1,30160
Target 2: 1,29860
Target 3: 1,29415
Stop-Loss: 52 pips
Risk: 0,5%
Risk-Reward: 2,43
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USDCAD - SWING - 17. NOVE. 2020Welcome to our weekly trade setup ( USDCAD )!
-
1 HOUR
Bearish market structure..
4 HOUR
Expecting further downside movement.
DAILY
Overall bearish market with good entries!
-
FOREX SWING
SELL USDCAD
ENTRY LEVEL @ 1.30790
SL @ 1.31590
TP @ 1.29560
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USD/CAD SELL IDEA Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
USD/CAD: Day-Swingtrade-Preparation
Market-Sell: 1,31500
Stop-Loss: 1,32135
Target 1: 1,30800
Target 2: 1,30350
Target 3: 1,29880
Target for One-Target-Trader: 1,30350
Stop-Loss:63,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)