Don't miss the great buy opportunity..............USDCADThere is a possibility is Long Entry Its good chance to buy this area simple retracement you can enter...
Drop some feedback below in the comment!
CADUSD trade ideas
USD CAD UNDER SELLING PRESSURE USD CAD UNDER SELLING PRESSURE VERY Soon selling will start target 1 and sl levels given
DAILY ANALYSIS USDCAD 24-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#USDCAD Intraday momentum is bearish. Sellers price of interest are 1.2713,1.2720,1.2732
The possible targets are 1.2640,1.2609
These analysis are based on current market swing and we update our views up on the upcoming future swing
💡Don't miss the great Sell opportunity in USDCADPlease show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForexCity|Signal Team ❤️
USDCAD SELLAS per monthly momentum USDCAD started the bearish momentum best set up created in market to short
USD CADCurrently the price has reached the supply zone, and From higher timeframe bearish trend is possible, watch out for sell.
USDCAD: BEARISH CONTINUATIONAccording to elliott wave rule , in an impulse wave 4 cannot intervene into the the territory of the wave 1 . The current structure shows that USDCAD is forming a wave 4 & is likely to end soon. One should go short on any rise keeping SL of 1.2595 & look for the target of 1.2285 and 1.20500 and below.
USDCAD stays directed towards 1.2480 key resistanceDespite failing to cross a convergence of the 200-SMA and a 50% Fibonacci retracement of June-August upside, the USDCAD pair remains above four-month-old horizontal support. Given the firmer RSI conditions, not overbought, the bullish momentum is likely to prevail for a while, which in turn can allow the pair buyers to cross the 1.2480 resistance confluence and challenge September’s low near 1.2495. Should the quote manage to cross the 1.2495 hurdle, also the 1.2500 threshold, the run-up to the 1.2600 round –figure can’t be ruled out.
Alternatively, pullback moves may aim for the stated multi-day-old horizontal support near 1.2420, a break of which will direct the sellers towards a 61.8% Fibonacci retracement level of 1.2365. In a case where the USDCAD bears keep reins past 1.2365, October’s bottom surrounding 1.2285 will question further downside. To sump, the pair’s rebound has the momentum support and hence is capable of breaking the immediate barrier to the north.
USDCAD Retracement LongLogic
Prices tending to retrace upwards with good momentum
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
At Last, do your own analysis, before trading your money!
I AM BULLISH ON USD/CAD The risk reward tool gives you clear idea about entry, stop loss and target
But when I get the idea that USD/CAD is not any more bullish then I will update you guys with the exit
USDCADAs per fib and real key levels,trade executed. Reversal trade another best place for discipline trade
"GOOD SELL OPPORTUNITY IN USDCAD"Good sell opportunity in USDCAD wait for the market retracement
Good luck!
USDCAD Recap and insight USDCAD recap and insight for newt week all entries and stops level has been indicated in the video so check it out and let me know what you think
USD CADEnter in the trade. secure your profits with trailing stops.
Use proper risk management.
Thank you
USDCADthis pattern form head and shoulder Already its broke the line we entre the sell side because i too let to saw this
USD CADLooking for a short on UC. I market everything in chart to understand what will happen to price enter the zones.
There are three strong zones which acts as resistance, support and neutral (no trading zone).
