Where to sell USDCAD Hello traders!
USDCAD began to grow from the support line as we predicted.
I expect the price to rise to the resistance line, after which the price will return to the support line.
Forex-usdcad
Buy USDCAD USDCAD has reached our target. The price dropped to the support line.
I expect growth to the resistance line.
Trade Set up USD/CAD Short 1 hour chartUSD/CAD price is on a triangle pattern right now on a daily chart. however on a 1 hour chart we can see diagonal pattern (either leading or ending) getting close to the triangle top resistance level. RSI and Stochastic are showing an strong divergence indicating a possible trend reversal. I have a pending sell order right now with stop loss and take profits as shown on chart.
USDCAD will continue to fallHello friends!
USDCAD hit the resistance line and the price started to fall. I expect the fall to continue to the support line.
USD/CAD SHORTUSD/CAD SHORT, price is in an uptrend on H4 with the final of the impulsive direction. Price touched 1.41 psychological zone and it seems it will be reject fromt here
Bulls are losing power on MACD indicator H4,H1,M30
STOP LOSS - above the 1.41 zone and last wick
USDCAD on two resistance line Hello Friends!
USDCAD has reached our goal and the price is now on two lines of resistance.
I expect a fall to the support line.
USDCAD near strong support line Hello friends!
USDCAD will soon reach a strong support line.
I expect that there will be growth after reaching this line.
The goal is the line of resistance.
Highlight & Parallel Channel on USDCAD.Parallel channel(value area)
(B) support for pushing the price (c)
Let's little more deeper throughout zooming the chart for the co-relationship by using parallel channel of (A) (B) and (B) moved.
If you want to trade on this pair , just comment then I will update trade-level into timeline.
USDCAD TRADING IDEAThis is my analysis and trading plan on USDCAD i'm looking to short/sell from the 61.80 FIB retracement where the sell zone is indicated with several confirmations.
1. First confirmation is the double bottom that has already formed at the area of support and indication of a reversal sign with the two green arrow and fib rejection of 0.00 going for a buy/long into the sell zone heading to the 61.80 FIB to find a resistance. In turn forming a double top indicating a clear reversal sign with the two red arrow which will cause a drop down.
2. Second confirmation, the trend is bearish so i patiently wait for my analysis to play out giving me a clear and strong confirmation to sell/short.
RISK/REWARD RATIO @ 1:5
STOP LOSS @ 150
TAKE PROFIT 3 @ 834
I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
Disclaimer: (This is for educational purpose only. Thank You.)
USDCAD will fall again Hello friends!
USDCAD after reaching the support line began to grow. But I expect that the price will reach the resistance line and the decline will continue (the price will return to the support line)
USDCAD. The price of the dollar will fall.Hello dear subscribers!
The price of the dollar continues to fall.
The price has broken through a key level,
and this is a sell signal.
Because the price should fall to the support level,
the target is there.
Good luck to you.
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This idea does not provide the financial advice.
USDCAD: Bullish until 1.40530 is MetHello everyone
Been a great week for FX. Last four trades have been spot on.
Looking too long on Cad today with minimal stops, high rewards of 1.40530 about 130 ticks.
Comments, shares, etc appreciated
USDCAD on good support Hello everyone!
USDCAD on two support lines + the trend is growing.
I expect a fall to the resistance line.
USDCAD still long Hello everyone!
USDCAD broke through the resistance line and rolled back to it, after which price began to grow.
I expect growth to continue to the resistance line .
USD/CAD Korrektur und wieder Sell fortsetzung?Dieses Paar hat die letzten Wochen schön gearbeitet, aktuell sehen wir eine Korrektur der letzten Verkaufsbewegung.
Hier sehe ich erstmal 2 Szenarien als wahrscheinlich um den Trend Fortzusetzen. Der Aktuelle Reaktionsbereich entscheidet ob wir nochmal weiter buy gehen oder ob die Korrektur ausreicht und wir uns in Richtung Gap close fortbewegen werden.
USDCAD. The price will rise to the resistance line.Hello dear subscribers!
The price of the dollar will rise.
However, I highlighted the buy zone at the very bottom,
it is likely that there the price may still fall.
The target is below the resistance line.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
