Usdcadsell
SELL USD/CAD at market 1.4086USDCAD is weakening having hit WR1 resistance 18 bars ago (18 hours). The BULLS have tried mightily to push the price higher but a series of doji indecision candles is confirming or perhaps suggesting the BEARS are about to take control.
The price is nicely held under the 5m 200ema and the charts look ever BEARISH.
Jump on board and ride this train down to 1.4000 as a first target
USD/CAD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell-Order: 1,40255
Stop-Loss: 1,40775
Target 1: 1,39600
Target 2: 1,39250
Target 3: 1,38660
Stop-Loss: 52 pips
Risk: 1-2%
Risk-Reward: 3,06
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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4H USDCAD resistance & 50MA was broken short trade!Hello !
If you agree with me hit like and follow me thank very much.
resistance was broken
50 MA was broken
Bearish confirmed
Rsi drop
Futures , Options, and Currency trading all have large potential rewards, but they also have large potential risk.
USDCAD fakeout play at 1.4151 level- Admittedly, I made a premature entry earlier this week as I expected price to hold below the 1.4151 level
- Current fakeout where price crossed above this level very briefly and then crossed below it is a good signal that we can expect further downside ahead
- Before making a short entry play, we'll need to eye the 1.4118 level as we could potentially see this pair enter a range