Usdcadsell
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.34237 where it could potentially drop further to 1.33633.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD and Sell Area (9/7/2020)Sell limit
1.35554
SL at 1.35818
TP1 at 1.35354
TP2 at 1.35100
TP3 at 1.34840
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
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
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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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