Usdcadbuy
USDCAD and Buy Area (29/6/2020)Pending order
Buy limit
1.36095
SL at 1.35717
TP1 at 1.36473 (RR 1:1) use Trailing Stop
TP2 at 1.36860
USDCAD bounced from intermediate support, potential for rise!
USDCAD bounced off 1.36578 where it could potentially rise further to 1.37418.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CAD price outlook| Buy the dipsUSD/CAD appears to have bottomed out. Currently, the bulls are waiting to break the 1.37 key area. There must some event like a risk-off situation in the market that will trigger the Bulls to break this area strongly.
Either way, price actions suggests that Bulls will break this area sooner or later.
So, the best way to trade USD/CAD is to start buying the dips with small position sizes.
USDCAD bounced from intermediate support, potential for rise!
USDCAD bounced off 1.36594 where it could potentially rise further to 1.37418.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD - BUYExpecting price to test support on monday before closing above support and reaching the green area
USDCAD Daily: Long!Note: Idea is to complement your research.
Check comments section for future updates on idea.
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USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.36180 where it could potentially rise further to 1.37418.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD BUY IDEA!USDCAD Rejected major daily support + 4H 61.8% Fib level retracement. Signs of Bullish Momentum!
USDCAD BUY @ 1.3550
STOPLOSS LEVEL @ 1.3475
TAKEPROFIT LEVEL @1.3760
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.36245 where it could potentially rise further to 1.37418.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD BUY/LONG DAILY DIVERGENCE + STRUCTURE BREAKIn this trade there are multiple confirmations for the USDCAD Buy/Long
USDCAD:
Divergence On Daily
Structure Break
Magic Magenta In Uptrend
Indexes:
DXY(US Dollar Index) showing signs of strength
CXY(Canadian Dollar Index) showing signs of weakness
Use Proper Risk Management
ALL GLORY BE TO THE MOST HIGH
SMILE AND GIVE THANKS
USDCAD approaching support, potential for a further rise!
USDCAD approaching support at 1.34901 where it could potentially rise further to 1.36161.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed from resistance, potential drop!
USDCAD reversed off its resistance at 1.36205 where it could potentially drop further to 1.34901.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed from resistance, potential drop!
USDCAD reversed off its resistance at 1.36119 where it could potentially drop further to 1.34901.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD BUY IDEA ** JUST AN IDEA. NOT A SIGNAL **
It seems like there is a multi time frame forming where if the trades breaks out of 1.36623 then the trade will look to go long.
If it rejects the line then we look for a short and retest.
From the weekly analysis we can assume the trade will look to continue an uptrend until it looses further momentum.
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USDCAD bounced from intermediate support, potential for rise!
USDCAD bounced off intermediate support at 1.35143 where it could potentially rise further to 1.36746.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD - BUY ON BREAKOUTPrice is currently hovering over the support zone, from what I can gather price will bounce around in the zone before breaking out and heading towards the green area
USDCAD bounced from intermediate support, potential for rise!
USDCAD bounced off intermediate support at 1.35222 where it could potentially rise further to 1.36746.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.37297 where it could potentially bounce further to 1.38711.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
