buy from 1.32500 and 1.31500 ....... take profit its open as you like stop loss 1.30600
LONG TIME TRADE warning . I do not know the unseen. This analysis may be correct or it may be wrong. Please be wise
Hello traders, This is the Daily chart! Regarding the daily chart, the bullish move that began in late September appears to be a correction rather than a sustained trend. Introduction: This analysis delves into the AUD/CAD outlook, focusing on supply and demand dynamics across various timeframes. Keep an eye on potential market reactions to the China...
Two trading areas, in my opinion, the price will bounce from them. I added a horizontal line to stop loss. As for the profit, it depends on the method of taking some of the profit and completing with the rest, and so on. The analysis depends on the gaps between the tails of the candles from which the price bounced at least once. warning . I do not know the...
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89700 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.34600 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.34600 support and resistance area. Trade safe, Joe.
Let’s break down the NZD-CAD pair's recent movements. Back in October, we witnessed three bullish legs that propelled the index upward, following a touch on the last demand zone. Fast forward to December, the pattern repeats with another three-leg movement bringing us back down to that demand zone. Now here's the exciting part – based on these patterns, I'm...
GBPCAD big support zone coming up. Will be looking for a price reversal! Let me know what you think!
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.82350 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82350 support and resistance area. Trade safe, Joe.
#CADJPY UPDATE Hello traders community. Hope you all are enjoying your trading journey. Today we are looking into the #CADJPY. CADJPY will go up according to the LTF. As it was going up and then formed a bullish peanut, A symbol of a possible continuation of trend. Also we had a clean down previously so CADJPY must had to touch the mentioned resistance...
USDCAD is in a big downtrend. Some resistance has already been shown in the big zone. USDCAD will most likely see a rejection around this level and could be making news lows soon after. I will be looking for short positions today and tomorrow. Let me know what you think!
USDCAD is being rejected on the 1D MA100, having turned bearish when ir crossed under the 1D MA50 on November 24th. The 1D technical outlook is naturally bearish (RSI = 40.749, MACD = -0.004, ADX = 31.294) giving us the ideal sell opportunity for an additional short, that will aim this time for a -4.00% decline from the top (TP = 1.33500). The 1D RSI is on a...
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse. We're expecting NZD strength so we can assume that NZDCAD has bottomed out. Trade Idea: - Watch for BOS, trendline break or reversal pattern on lower timeframe - invalidation for this bullish scenario is below 0.794 so any entries will require a stop below...
CADCHF resistance zone! Looking for short position here and for price to drop to the next support zone!
Hey Traders, in tomorrow's trading session we are monitoring USDCAD for a selling opportunity around 1.37100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37100 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring CADCHF for a buying opportunity around 0.64700 zone, CADCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.64700 support and resistance area. Trade safe, Joe.
USDCAD closed, testing a solid horizontal daily supply zone. Analyzing a 4H time frame, I spotted a potential head and shoulders pattern on that. To short the pair with a confirmation next week, pay close attention to the neckline of the pattern. If the price breaks and closes below 1.3548, we can anticipate a bearish movement to 1.35 Alternatively, a...
#GBPCAD UPDATE Hi team, hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about GBPCAD. Traders, Anna is looking for #GBPCAD, soon we all will see a big downfall in this pair. Reason behind this is that it has done change of character pattern in the HTF, and then retest the most recent...