Usdcadsell
USDCAD 4H - Price Action Testing Descending Wedge Resistance 📢USDCAD 4H - Attempted Breakout / Potential Rejection
📈Price levels are currently testing the overhead resistance of the visible descending wedge chart pattern at 1.40050 that's been playing out over the last 3 weeks.
📊A break to the up-side with give a reason for buy positions over the coming days and weeks as momentum builds in favour of the bulls.
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.39455 where it could potentially drop further to 1.37420.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.39622 where it could potentially drop further to 1.37420.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CAD 4H SHORTHello. USD/CAD has been in a descending triangle looking to breakout soon. With oil production being cut, prices will increase causing USDCAD to go lower.
I would like to see a nice break and retest of the current support its on
TP will be next support zone
Comment any ideas or thoughts below ! :)
USDCAD ENTER NOWHI, TRADERS
MY NAME IS KD
TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :)
YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT.
THERE IS NO OBLIGATION TO CLOSE AT TARGET TP.
RISK MANAGEMENT IS VERY IMPORTANT :)
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USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.40710 where it could potentially bounce further to 1.42540.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD SHORTHello!
I'm looking to SELL this pair with around 5:1 risk ratio or 7:1.
The risk ratio will depend on price momentum at that level.
There are 2 possible ways how the market can react please see in the chart.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.