USD/CAD Day Swingtrade sell signalHi traders community!
Welcome to my new free signal!
USD/CAD Day Swingtrade
Market-Sell: 1,3060
Stop-Loss: 1,31000
Target 1: 1,30300
Target 2: 1,29800
Stop-Loss: 40 pips
Risk: 0,5-1%
Risk-Reward: 2,0
Pivot (invalidation): 1.3100
Our preference
Short positions below 1,3100 with targets at 1,3030 & 1,2980 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3050 remains high.
Usdcadsell
USD/CAD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
USD/CAD: Day-Swingtrade-Execution
Market-Sell-Order: 1,30650
Stop-Loss: 1,31185
Target 1: 1,30160
Target 2: 1,29860
Target 3: 1,29415
Stop-Loss: 52 pips
Risk: 0,5%
Risk-Reward: 2,43
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
USDCAD - SWING - 17. NOVE. 2020Welcome to our weekly trade setup ( USDCAD )!
-
1 HOUR
Bearish market structure..
4 HOUR
Expecting further downside movement.
DAILY
Overall bearish market with good entries!
-
FOREX SWING
SELL USDCAD
ENTRY LEVEL @ 1.30790
SL @ 1.31590
TP @ 1.29560
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USD/CAD SELL IDEA Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
USD/CAD: Day-Swingtrade-Preparation
Market-Sell: 1,31500
Stop-Loss: 1,32135
Target 1: 1,30800
Target 2: 1,30350
Target 3: 1,29880
Target for One-Target-Trader: 1,30350
Stop-Loss:63,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Usd / Cad Is it time to resale?Usd / Cad Is it time to resale?
When you look at the pattern like the one I described, it will seem that the price will continue to fall into the buy area, but is this true?
if you see the previous history, I made a buy transaction in this history
s3.tradingview.com
and at this time the price seems not to continue the opportunity to go up again, I see there is still a chance to go down.
I will take this opportunity when the price breaks the validation to sell line with a target that can be quite deep. when are these opportunities? let's wait for the next few days, hopefully this trading plan can be executed.
USD/CAD ANALYSIS 📉👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE have sell conformation:
- USDCAD rebounded from downtrendline with bearish movement
- Price is based below key level at 1.3248
- MACD shows weakness in bullish momentum
- RSI broke uptrend
- It's expected for coming bearish Elliot wave 5 to target first support level at 1.3105
- then finally target demand zone at level 1.2995
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
A good short opportunity on USDCADusdcad has made it to the 0.5 fibo retracement on the daily chart. But we can expect usdcad to touch the 0.618 fibo retracement which also aligns with the chart. So, right now for an entry on usdcad we have to wait and check on 4H for the market to turn bearish and possibly take a short with take profit 1.30400.
USDCAD - Parabolic move leads to the cascading effect
USDCAD
The parabolic move was started on Starting of the September month and ended in September month end. The instability in oil prices caused the Lonnie to lose some ground against greeenback.
But after the shift in positive sentiment in the market CAD has gained some
ground against USD. After the ABCDE Elliot correction waves formed at the end of previous month its started fall towards 1.31000 key psychological level.
We can clearly see the series of consolidation phases and the rapid distribution phases as the consolidation phases slowly expired the Distribution phases which is abrupt rise and fall in the prices.
We can see a cascading effect happened around 1.33400 level and felled towards 1.31000 which is almost 240 pips fall in a week which is a 2% Drop.
In Elliot wave theory the 3rd major impulse wave was completed and the minor 4th wave is also completed and the 5th wave is underway. We can calculate the length of upcoming 5th wave by merely measure the length of the 1st wave which is around 200 pips.
The price is facing a minor hurdle at 1.31000 key psychological level and trading within a 40 pips range we can expect downward play. From this consolidation range and the next drop would be equal to the 200 pips move which is similar to the 1st downward Elliot impulse move.
In One hour timeframe the Ichimoku cloud is acting as resistance and 50 Exponential moving average is acting as decent support for the bear And the Bollinger band is narrowing we can expect breakout in coming days. In MACD the histogram is about to turn red and may fall below the middle line .And the oscillators are still pointing upwards and. Relative strength index is at neutral region.
In four hour timeframe the Relative strength index is reached the oversold territory and In MACD the histogram is turned green and crossed the middle line and the oscillators are about to cross.200 Exponential moving average is floating around 1.32100 which will act as next upside barrier for the bull. And 50,100 Exponential moving averages are make golden cross.
In daily timeframe USDCAD is reached the lower region of Bollinger band if the Today candle is closed above 1.31200 level then it will leave us a bullish engulfing pattern in daily timeframe. Ichimoku cloud is turned green but the cloud is still acting as resistance for the bull. The Relative strength index is at 37 level which is just above the oversold territory. MACD is still in red and the oscillators are still pointing towards south
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USDCAD 4Hr AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USD/CAD AnalysisMarket Turns Into A bearish Structure
Broke the Bullish structure
Weekly made an impulse and a pullback to retest the previous low
now turning into bearish
we will wait for the market to break the daily support and retest it there we will be entering our short position
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