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Usdcadshort

USDCAD - 1.36400 ZONE BREAK SUCCESSFULThe 1.36400 zone has been broken successfully just as I said it would. Price is now going through a retracement. I still have some positions running. Partial profits have been taken yesterday. However, I'm loading some more!! The bearish move is still in progress. USDCAD is currently very BEARISH and I'm raking in all the profits as it falls. REMEMBER: PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVELS OF PSYCHOLOGY PAY IN THIS BUSINESS. Happy trading!!
Short
by SMCSmartSniper1
4
USDCAD - STOP LOSS HUNTINGMarket-markers have now completed their cruel intentions. They have successfully fished out all the BUYERS off the market. Now they are actively dropping the price just as I have anticipated. I have placed sell orders at 1.37700. The trades are now in DEEP PROFITS!!! The 1.36400 zone is currently getting tested. It will be broken very soon. Massive dropping will continue once this zone is broken. It's time to take partial profits and load more position upon the 1.36400 zone break. My 1st TP is still 1.29800; 2nd TP 1.27400. We profit in this business by always watching what MARKET-MAKERS are doing. If you can figure out their intentions you will be EXTREMELY PROFITABLE!!! Market-makers will do TWO THINGS in the market: 1. Push the price up with the intention to SELL (BUY TRAP) 2. Drop the price with the intention to BUY (SELL TRAP) These are the two things they do all the time in the markets! PAY ATTENTION TO WHERE YOU PLACE YOUR STOP LOSS ORDERS!!! THEY ARE ALWAYS GETTING HUNTED!! REMEMBER: PATIENCE, PROPER RISK MANAGEMENT AND HIGH LEVEL OF PSYCHOLOGY PAY IN THIS BUSINESS!
Short
by SMCSmartSniper1
USDCAD I've entered a short 🔻USDCAD short trade has alerted. Reversal trade identified and entered. Working the 30M timeframe. Trade details can be found on the chart in the red label. Trade box is tracking the trade. Has USD strength ran out of steam on this pair? Who knows be it a change in the trend or a slight retrace I have a 77 pip target for my TP to be met. We'll see where it ends up. Want to know how I identified this trade you know what to do. Thanks for looking Darren🙌
Short
by pow_removetheguesswork
TECHNICAL IDEA ON USDCADIn my little analysis I think USDCAD has been on a bullish rectangle from at least june, last year and through april this year as well. And it broke out of the rectangular pattern, with an ascending triangle. From which it has broken out this week to hit the long-term resistance zone of almost 7yrs ago. So even if it will continue to rise, I believe price is will come back to test the 2yr low {1.3000s} after hitting {1.3600s}. and if I want to jump on this pair, I will go short once I spot my entry trigger/s on that area of value. My Possible targets would be {1.3200s and 1.2900s}.
Short
by BOURNEBEE-FX
TECHNICAL IDEA ON USDCADIn my little analysis I think USDCAD has been on a bullish rectangle from at least june, last year and through april this year as well. And it broke out of the rectangular pattern, with an ascending triangle. From which it has broken out this week to hit the long-term resistance zone of almost 7yrs ago. So even if it will continue to rise, I believe price is will come back to test the 2yr low {1.3000s} after hitting {1.3600s}. and if I want to jump on this pair, I will go short once I spot my entry trigger/s on that area of value. My Possible targets would be {1.3200s and 1.2900s}.
Short
by BOURNEBEE-FX