Hey Traders, in tomorrow's trading session we are monitoring EURCAD for a selling opportunity around 1.46700 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46700 support and resistance zone. Trade safe, Joe.
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**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank...
I see an old pattern I highlighted in the chart with a circle. I'm looking for something like this pattern and then breaking the trend line, and boom .. going down to the last low for TP1, and then we’ll see where the price wants to go and will follow. PS. Leave your comments and thoughts.
Hey Traders, in the coming week we are monitoring USDCAD for a selling opportunity around 1.33400 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.33400 support and resistance zone. Trade safe, Joe.
I'm looking to buy again, I don't think we've seen the top, we're still miles off an ATH. With JPY still weak, Oil strong (which gives CAD strength), and a bullish engulfing candle on the 4hr (and a pinbar almost complete) I think we've had a 50% retracement of the last impulse and now back up. It would be great for this 4hr candle to close above the previous...
TP4 (closing ALL Buy Orders) TP1 thru TP3 (shaving 50%) BSO @ 0.8820 ⏳ MO-LONG @ 0.8808 📈 — Buy Stop Order Add-On @ 50% Position Size
USDCAD formed a horizontal range on 1H time frame. Its support was broken and the candle closed below that. It may trigger a local bearish continuation on the pair. Goal - 1.319 ❤️Please, support my work with like, thank you!❤️
Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Dollar Index (DXY) daily time frame 💲 After a test of a key daily structure resistance, we see a positive bearish reaction from that. It looks like the Index will keep retracing to lower levels. 2️⃣USDCAD daily time frame 🇺🇸🇨🇦 The market is currently approaching the neckline of an...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.45300 zone, EURCAD was trading in an uptrend 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 lows. Trade safe, Joe.
Targeting sells on USD pairs today, gold seems to have risen overnight through LONDON. Im watching to see a rejection from a previous LH on the 30m chart. Also implementing Killzones into my trading, testing the waters with how they work for my strategy.
I have marked 3possible scenario Trade setups are all bullish if we break through the oivot,then I will buy immediately. This is the last pivot and cad seems to break it Scenario 2 if we dont break the pivot and cad falls back to the previous pivot,i will buy the pull back etc. I also have marked the potential risk rewar ratio See the chart above Dont: No...
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89500 zone, AUDCAD 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 0.89500 support and resistance zone. Trade safe, Joe.
Following on from our last CADCHF post, which resulted in a full TP of 900pips, we have found another great opportunity. We are currently in wave 4, which appears to be a ABC correction. We are looking to trade the C leg of wave 4. We anticipate that wave B has completed therefore we can use the lows of wave B as invalidation level for our bullish trade. Trade...
🔰 Pair Name : EUR/CAD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL 📈 EURCAD Technical Analysis Update 📉 Greetings, fellow traders! 🤝 Today, we delve into the technical aspects of EURCAD on the TradingView chart. Over the past year, EURCAD has been maintaining a monthly uptrend since July 2022. However, starting from April 2023, the pair...
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89200 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the trend at 0.89200 support and resistance area. Trade safe, Joe.
CADJPY is trading within a Channel Up since the March 24 bottom. The price action maintained this bullish formation as not only did it recently made a Higher Low but from July 12 to July 18 all 1D candles successfully closed above the 1D MA50 (blue trend-line), something common since April 27. As long as this is taking place, we will stay bullish, targeting...
USDCAD - 24h expiry Trend line support is located at 1.3125. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.3175 will confirm the bullish momentum. We look to Buy at 1.3125 (stop at 1.3090) Our profit targets will be 1.3215 and 1.3240 Resistance: 1.3200 /...