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Usdcadsignal

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
Short
by moneytize
USDCAD | WEEKLY FORECASTAs the Greenback appears to be losing steam across major pairs; A Breakdown of our Key level (1.35500) last week is a significant Bearish signal for us. Tendency: Downtrend ( Bearish ) Structure: Break-down | Support & Resistance Observation: i. . 786 retracement of the most recent Bearish Impulse leg culminates at 1.37000 followed by a Bearish momentum. ii. The Bearish momentum which started last week finally breaks our key level @ 1.35500 which also coincides with a Breakdown of our Bullish Trend . iii . Expecting a further rally to the downside in the following week(s) with a 1.414 extension target. Trading plan: SELL confirmation with a minimum potential profit of 350 pips. Risk/Reward: 1:3 Potential Duration: 4 to 8 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Nirvana! Forex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published byme for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and NFTI takes no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. NFT&I does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USDCAD signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market targets: 1.375 - 1.382 - 1.389 after first target reached move ur stop to breakeven stop: ~1.35 (depending of ur risk). ALWAYS follow ur RM . Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive