Usdcadshortsetup
USDCAD - SHORT TRADESymbol - USDCAD
USDCAD is currently trading at 1.37360
I'm seeing a trading opportunity on buy side.
Buying USDCAD pair at CMP 1.37360
I will be adding more if 1.38000 comes & will hold with SL of 1.39000
Targets I'm expecting are 1.36200 - 1.35400 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
USDCAD- 1DThe Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370.
Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.
USDCADDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area!
in the next period I will wait for a close for at least 1 day ... or over 1.24900 from where I will look for BUY until my final target 1.29
... USDCAD rejected and closed above 1.24700 as I said in the last weeks and even if it rejects from the 1.26300 area and will force and the 1.24700 area I will continue to stay in BUY until the 1.29 area ... my final target!
THIS WEEK...USDCAD has reached my FINAL target that I set for myself since May! these weeks, however, predict a strong rejection before trying to force 1.34!
However ... a close even for 1 day over 1.29500 will make me think of BUY up to 1.34
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GREAT ATTENTION:
*This information is not a Financial Advice.