**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...
Hey Traders, Check this trade on CADCHF out. The pair consolidated for the best part of Friday then broke out after US data was released. Wait for the break of the previous low (breakout low) before entering a short opportunity. Trade Safe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.842 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction to see a potential retrace from 0.842 support and resistance zone. i would also keep an eye on the indices to confirm the bias as NZDCAD...
Hello guys. I anticipate that this pair is building a bullish momentum. The price touched a major resistance zone, then bounced. It seems that this zone is weakened and the price will break out of this zone. My entry point is at 0.852, at the zone, after a breakout and retesting the zone. My stop loss is at 0.844, which is way below the current support zone. I...
USDCAD, has corrected significantly from the 1.36 peak. And it looks like its eyeing to attempt to do a reversal to the upside as a breather wave before doing another correction. an intraday quick opportunity. Spotted at 1.335 TAYOR.
USDCAD is inside a Triangle pattern that started forming since the October 13th 2022 High. The latest hit on its bottom (leg 4) is what is pushing the price upwards today so aggressively. So far all legs have been symmetric with the 1st phase (1 through 4) inside the Triangle and leg 4 targeted previously the 0.786 Fibonacci. Trading Plan: 1. Buy on the current...
usdcad have a massive demand zone up ahead and I believe there is a good chance to take a r/r=3 or more from this short position.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart) USDCAD rejected our upper red trendline and supply, and traded lower. Now USDCAD is approaching the lower bound of the symmetrical triangle again so we will be looking for buy setups on lower timeframes. Moreover, the green...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.85014 Take Profit Level: 0.8420 Stop Loss: 0.8542 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Bullish Setup The next HH HL is the sinal of the Bullish Trend start Here’s the 4hr Elliott wave Chart from the 4/14/2022 New York update. In which, the rally to 1.6866 high ended 5 waves from the 2/10/2023 low in wave (1) & made a pullback in wave (2). The internals of that pullback unfolded as Elliott wave double three correction where wave W ended at...
Cadchf short idea! 200ma is capping the price,there is a huge imbalance created friday that needs to be filled. Use a proper money management. Drago Analysis
GBPCAD Looking at taking a short position on H4 TF when a bearish momentum is seen from candlesticks
On eurcad we are seeing a price drop towards the 1.46500 area where we have a demand zone. the zone seems to be interesting and according to the forex48 strategy, the objective is to wait until the price breaks the high at 1.4695 before setting up a long setup. Let me know what you think. Happy trading everyone. Forex48 Trading Academy
On USDCAD, we have great long potential, given the strength of the dollar, which is gradually rising. There will be inflation and GDP data released this week, so we may see some dollar increases between Wednesday and Friday. In this analysis, I have identified a possible long entry point at 1.3340. Please note that this is a setup defined through the Forex48...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for CADJPY. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.84659 Take Profit Level: 0.8406 Stop Loss: 0.8496 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
EURCAD broke and closed below a solid rising trend line on a daily. It looks like the pair may go lower now. Next support - 1.4646 For entries, consider the occasional retest of a broken trend line. ❤️Please, support my work with like, thank you!❤️
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...