Usdcadsignal
USD Bearish Set-up - December TrendsUSD/CAD labeled in a Primary degree X (turquoise), within a Double Three pattern in its Minor WXY (purple) sub-waves.
USDCADUSDCAD LOOKING BULLISH , WE EXPECT TO SEE A PULLBACK AROUND THE 1.32551 TO DAILY SUPPORT LEVEL AT 1.32228 BEFORE A CONTINUATION BACK TO THE UPSIDE WITH A 1.33105 TARGET.
ENJOY!
USDCAD: Retesting Previous Setup PostedUSDCAD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Upward momentum slowing
- Price at Resistance Trend-Line (since June 18)
- Stochastic Overbought momentum
- Fundamentally, Canada's data is still strong, and Canada being a commodity currency was hit when oil price fell drastically, however, our view is that oil price has stabilize around this levels and this would provide a stop from USDCAD from weakening further.
Suggested Trade:
Entry @ Area of Interest 1.3200 - 1.3250
SL: 1.3318
TP: 1.3027
RR: Approx. 2.13 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
USDCAD H1 / Bearish Bat Pattern + LIBRAUSDCAD Formed a 1H BAT pattern and the X point has very strong structure.
Therefore Short from 1.31550
Target 1: 1.30485
Target 2: 1.29915
Target 3: Move STOP TO BREAKEVEN and let it run.
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Thank you for support and trade with care!
USDCAD would be bearish next week?!The descending line shows us a down trend.Today's candle respected to this trend and made a Shooting star which is a bearish signal.
With this signal I'll go short and let's see what will happen next week.
USDCAD / TECHNICAL CHART - "CYPHER PATTERN"Pair: USDCAD
Trade: Short
Time Frame: 4 Hour
Strategy: CYPHER PATTERN
USDCAD - Sell is the call.Hi Everyone, USDCAD is about to drop little more. You guys have to wait little more to see the price action But most probably it will drop till the provided zone. Thanks
USDCAD OUTLOOK USDCAD: 4 Hour cycle is bearish against 1/20 (1.469) and the 1-hour cycle is bullish against 9/8/2017 low (1.2065). Correction to the cycle from 4/17 low is proposed complete at 1.2957 low. Near-term, while dips remain above that level and more importantly the pivot from 4/17 low stays intact pair is expected to resume the upside. We don’t like selling the pair and prefer staying long from 1.297 equal legs area with a risk free trade.
BUY USDCAD
@1.3100/1.3120
target: 1.3300
Stop loss: 1.3050
Good luck !
Buy USDCAD Longterm Based on Multi Timeframe Trend ContinuationThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short USDCAD Longterm Based on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
USDCAD - Short Term Buy SetupHi everyone, I was watching this pair since too long and got some perfect trades in the past.. There are so many Reasons so buy this pair at the moment, One I showed up in this chart and other one I will post here in '' UPDATE '' Section. As you guys know I strongly follow supply and Demand zones, and almost 90% of the time the prices moves in same directions and obviously many reasons behind it . So I am watching an upward move so best of luck thanks..
