Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Elliott Wave Analysis:-
A up wave was completed and a correction was over.
If it continues the upside move then an impulse was already in formation.
But if it is a correction was then it will be a connecting wave and the correction will become a correction continuation wave.
my view is one impulse was over in this time frame next to w) wave . if it may go...
USDCAD remains pressured for the third consecutive day after reversing from a 6.5-month high marked last week. In doing so, the Loonie pair struggles to justify the recent run-up of the US Dollar, mainly due to the risk-off mood, as Canada’s main export item, namely WTI crude oil, jumps 4.0% on geopolitical fears surrounding the Israel war. Apart from the strength...
USD/CAD is in uptrend and it generally seems whenever it breaks down on lower side it bounces back with fully powered candles and never turns back once it breaking resistance level
i found Bearish OB on 15m time frame also with CH with
with valid order block
entry 1.37502
(Enter on LTF 5 or 1 min time frame)
SL : 1.37656
TP : 1.37257
Note: Do Your own analysis before entering trade & im not professional
, if you are not sure about this analysis dont trade at all
be Decipline trader
Hi Guys,
here is my analysis.
after the trendline breaks this zone should retest you'll get a good sell position with a small sl and target big... hope you guys like my analysis.. keep supporting me by follow, like and comment...
usd/cad is in strong uptrend this days and i realise after making up trend it generally trao the retailers on downside by showing them breakdown
and surprise happens it continue its uptrend by traping them
We have two possible setups for usdcad.
it can either close back in resistance on 4 hr tf then we can plan a short trade or plan a long trade after break and retest.
Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
On September 21, 2023, the U.S. dollar reached its highest level in 6.5 months after the Federal Reserve indicated that it will continue its restrictive monetary policy. The Swiss franc weakened as the Swiss National Bank decided to keep rates unchanged for the first time since March 2022.
The Federal Reserve held interest rates steady within the expected range...
USDCAD stays pressured at the lowest level in a month after breaking a six-week-old horizontal support. Adding strength to the downside bias is the Loonie pair’s sustained trading below the 200-SMA. However, the nearly oversold RSI (14) line and sluggish MACD signals prod the bears, which in turn highlights a two-month-old ascending support line, close to 1.3430...
