As per my analysis #usdcad will go for a long position. i am waiting for one more confirmation to enter a long trade.
United States Dollar vs Canadian Dollar USDCAD BULLISH H1 US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar. Technical analysis: We found several reasons for the USDCAD pricing to go high. 1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by...
Hello everybody. This is my homework for a lesson in the Trading View 101 course on 8/25/2021. It is a technical analysis about long term and short term in the monthly/daily, and their relationship to each other. All analysis is described in monthly and daily graph, trying to understand the context of monthly to daily and see their relationships. This is an...
USDCAD Long R/R: 1:3 Feel free to share your opinions in the comment!
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2416). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.25400). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.2605). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.2745). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3245). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
GO SHORT ON USD CAD IF THE 4HR CLOSES BELOW RESISTANCE AND THE ONE HOUR OR 3O MIN REJECTS THE RESISTANCER BELOW THE 4HR SUPPORT
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3575). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3987). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. ....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4185). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
If we get to clear that "C" area marked up on the chart, we can expect the price to go short a few pips till ADR is maxed out But, if that does not happen, we have to prepare to look for some bullish move because that what the TDI is still telling us from yesterday session Remember that the 200 EMA is a big reaction point for the price A good exit point will be...
TDI and EMAs telling us to go short. whats our trigger? that shift candle coming out the 21 ema, plus, the reversal pattern as well Ratio 1.8 Going to break even where the yellow line is
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3255). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...