USDCAD Break Support level in 4HR TimeframeUSDCAD Break Support level in 4HR Timeframe:
We have two option
1) if price retest then short positive much better
2) if price continue falling then we set our targets.
USDCAD_LMAX trade ideas
USD CAD - 4 HOUR ANALYSIS CMP 1.247 SHORT @ 1.255- 1.258 SUSD CAD - 4 HOUR ANALYSIS
CMP 1.247
SHORT @ 1.255- 1.258
SL 1.26645
TARGET1.245- 1.233- 1.225- 1.22- 1.215+
BULLISH FLAG ON USDCADBullish flag in making on USDCAD ...chances of trend continuation as oil recovered from lows!!
*oil and USDCAD goes hand in hand*
USD/CAD SHORT (80 PIPS)USD/CAD TRADING IN A NICE CHANNEL PATTERN ...EXPECTING PRICE WILL REVERSE FROM HERE TO THE NEAREST SUPPORT SL WILL BE 30 PIPS FROM HERE AND TP WILL BE 80 PIPS TILL SUPPORT 1.24634..
#usdcadMy ideas are sometimes hidden because I don't describe much.
But the reality is that I don't trade patterns, I trade price. You will hardly see patterns/trend lines on my chart. If you find the patterns like HNS, cup and handle, wedge or whatever, it is because I just see it, but it has no relevance to the trades I take.
You might see some patterns I use on NSE but never on FX.
IMO, patterns are deceptive, I just trade price. But obviously, you can trade patterns, and it might work for you.
I just share my ideas to make people see the price from my perspective, and not to take a trade.
If you are completely beginner, the above chart will go above the head, but once you understand price, you will get what I am showing. Simple. I openly share where some mentors will charge handsome amount for it, in the end it's all about perspective, and I am showing it from my side. It's up to you how you see it.
It's 70% psychology and 30% technical.
Cheers.
Regards
USDCADUSDCAD!! descending triangle in making... a little more consolidation can be seen as ADX is down to 14... wait for ADX to rise before tracking position!
USDCAD Long!So after the NFP, we didn't expect much momentum in the market and we have ISM Services PMI. I'm expecting negative reports according to my strategy.
