There 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!
USD CAD UNDER SELLING PRESSURE VERY Soon selling will start target 1 and sl levels given
usdcad in downward direction,seems the bigboys were ready to hunt
#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
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AS per monthly momentum USDCAD started the bearish momentum best set up created in market to short
Currently the price has reached the supply zone, and From higher timeframe bearish trend is possible, watch out for sell.
According 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.
Despite 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...
rounding bottom on h4. #usd/cad it can be sideways for 2-3 days. long above 1.2494
Logic 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...
USDCAD having a potential setup for sell with some good RR
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
As per fib and real key levels,trade executed. Reversal trade another best place for discipline trade
Good sell opportunity in USDCAD wait for the market retracement Good luck!
USDCAD bar reply and explanation check it out and let me know wht you think
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