USD/CAD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
USD/CAD: Day-Swingtrade-Execution
Market-Sell: 1,35855
Stop-Loss: 1,36225
Target 1: 1,35540
Target 2: 1,35270
Target 3: 1,34935
Stop-Loss: 37 pips
Risk: 0,5 % - 1 %
Risk-Reward: 2,50
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Peace and good trades
Irasor
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Usdcadsell
USDCAD reversed from intermediate resistance, potential drop!
USDCAD reversed off its intermediate resistance at 1.35125 where it could potentially drop further to 1.34374.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed from intermediate resistance, potential drop!
USDCAD reversed off its intermediate resistance at 1.36014 where it could potentially drop further to 1.35601.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD: Target towards 1.3200 Until Below 1.3750USDCAD is moving downwards perfectly in the bearish channel
Following hints are good enough to support the bearish trade idea:
1. MACD is forming a hidden bearish divergence to continue lower.
2. The most recent rising trendline within the bearish channel is broken lower with a successful retest as the resistance.
3. 4 out of the 5 legs impulsive structure are completed and the target for the last leg is derived from the confluence of the prior leg's Fibo Extn.s at 1.3200
Invalidation of the bearish trade idea would be the break above 1.3750
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
UsdCad outlookAfter a few failed attempts to pass above 1.37, UsdCad rolled back under 1.36.
The upwards trend line is broke suggesting that the pair resumed its medium-term downtrend.
The pair is bearish under 1.3650 and a drop to 1.3350 important support is not out of the question in the next days.
Also a sell trade on 1.3550 with this target has a good 1:2 R:R
USDCAD - SWING - 02. JULY. 2020Welcome to our weekly trade setup ( USDCAD )!
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1 HOUR
Very bullish price action after breaking below main sr level.
4 HOUR
Expecting this move to be a fake out.
DAILY
Overall bearish market, good short entries!
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FOREX SWING
SELL USDCAD
ENTRY LEVEL @ 1.36230
SL @ 1.37030
TP @ 1.35110
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.35472 where it could potentially react and bounce to its resistance at 1st resistance at 1.36187.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.36187 where it could potentially bounce further to 1.37167.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD holds below the 1.36675 level, downward pressure aheadStrictly from a technical standpoint, we're seeing the 1.36675 level fail to hold. Price has tried to trade above this level multiple times, but each time it has dipped quickly below it. The initial target is at 1.3515 with a more optimistic outlook down to 1.3384 even. Won't be going too much into how I plan on scaling this trade, but we'll be observing the price action at the initial target to determine if we need to close out.
Short $USDCAD against 1.3750Hello Sophisticated Trader,
Last week long on the USDCAD worked out amazing and the pair has reached a key resistance. Therefore, this week we are looking to Short $USDCAD against 1.3700 as the pair seemed to have rejected the resistance. This potentially leaves the downside vulnerable this coming week, especially towards the end of the month. Any other spike should be considered as a short for a test of the low. Only a daily close above 1.3750 would negate the coming downside.
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Dr. Lydia Smith
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