Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.90000 zone, AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.90 support and resistance zone. we would also recommend to keep an eye on the stock market as American indices are positively correlated with the...
I have a nice 2% risk here so my loss wouldn't be felt, judging by the forecast I have on Oil this seems like the optimum time.
Good Night :) AUDCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step,...
Trade Idea: Buying EURCAD Reasoning: Trend support on the daily. Support being found on the intraday chart Entry Level: 1.4687 Take Profit Level: 1.4805 Stop Loss: 1.4635 Risk/Reward: 2.1:1 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...
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.906 zone. AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.906 supply and demand zone. if the rejection is confirmed i would set 0.93 as a a target as it's considered the next major resistance AUDCAD will be...
Trade Idea: Selling CADCHF Reasoning: Stalling at a 78.6% Fibonacci level on the 60min Entry Level: 0.6760 Take Profit Level: 0.6686 Stop Loss: 0.6781 Risk/Reward: 3.3:1 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...
USDCAD broke and closed below a solid horizontal demand cluster on a daily. The broken structure turned into resistance now. Probabilities will be high to see a bearish move from that. Goals will be 1.356 / 1.346 ❤️Please, support my work with like, thank you!❤️
strong order block at 4 hr frame so i think it will fall down to touch the daily support again so it is good idea to sell it
CAD is quite stronger than the USD at the moment, even though its on an uptrend, the uptrend is appearing inside the range, lets wait for an opportunity to sell.
i see that usdcad for buy from this point usd cad now at good support that will push it up ...
GBPCAD on multi timeframe analysis : Monthly frame: we see the pair testing a strong resistance, closing below it is taken as bearish. Shorter frame: on 6hrs, we see a rising wedge pattern broken and price currently is trading below it. While we can short here and now we prefer waiting March closure. Another reason of shorting this pair is the likelihood...
GBPCAD on the 4h chart is trading below a key resistance level at the 1.68500. The structure has been tested few times also in the past and a retracement t to the 0.382 or lower Fibonacci level can be seen before the bulls regain strength. How can i approach this scenario? I will wait for a retest of the support area and IF the price will revere and satisfy the...
EURCAD is taking off from a solid horizontal structure support. The price formed a bullish engulfing candle on a 4H time frame, engulfing the range of the last 4 candles. Chances will be high to see a movement up. Goals: 1.485 / 1.4914 ❤️Please, support my work with like, thank you!❤️
The USDCAD traded strongly to the downside as the price failed to break beyond 1.3745 and fell beyond the support level of 1.3650. This move lower was due to a combination of the renewed weakness of the DXY but more because of the surge in oil prices. WTI traded up from the 69 price level, breaking beyond the near term high of 71.40 to reach the round number...
The USDCAD pair is on the Rising Support that is holding for more than a month. There is also the Support Zone (1.36280 - 1.36480) that is holding for 2 weeks. Trading Plan: 1. Buy as long as the Rising Support holds. 2. Sell if the Support Zone breaks (i.e. closes a candle under it). Targets: 1. 1.3800 (Resistance (1)). 2. 1.3555 (Support (1) and Fibonacci...
I saw on 5 minutes Frame an End of wave C on the pair and starting of a new Long pattern From this Zone we may start enter a buy with good money management a 2% from total account for a 1:2 deal stop loss 20 points take profit 40 points have a great day and i will keep the deal update
Hey Traders, NZDCAD is trading in an ascending channel and extending pullback seems to be approaching the ascending channel around 0.846 Supply and demand zone. i would also be watching the stock market to confirm my bias as american indices and NZDCAD are positively correlated. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring CADJPY for a selling opportunity around 95.600 zone, CADJPY was trading in an uptrend but with current classic safe havens strength CADJPY seems to breakout the trend and now seems to be retesting the trend so we will be watching a potential retest around 95.6 support and resistance zone. Trade safe, Joe.