CAD/JPY is currently sitting at a Support zone, and has formed a bullish momentum divergence. Take Profit Level 1 is at the next Resistance zone, while Take Profit Level 2 is at the subsequent one. TP1 is a quick scalp, TP2 is a long-term movement that will take days/weeks to play out. Stop loss depends on your RR ratio, account size etc. I have a fairly tight...
Nice 1.75 riskreward ratio, plus a double entry for potential gains even with if it bouncing of the prior support level for a reversal.
This is my first time trading this pair i will be playing my tricks on this. But for my knowledge this is a long for me. If you have the same idea as me. You can Go long with me.
Entry --> 1.3214 Stop Loss ---> 1.3180 Take Profit--> 1.3292 Risk/Reward --> 2.33 Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Welcome to our weekly trade setup ( USDCAD )! - 1 HOUR Bullish price action and short-term pullback. 4 HOUR 30% turnover after previous x-a wave formation. DAILY Great short entries, very high probability to drop shortly! - FOREX SETUP SELL USDCAD 1ST ENTRY @ 1.31540 2ND ENTRY @ 1.31810 SL @ 1.32280 TP @ 1.30740 RR: 1.1 / 2.35 Use 0.5% risk per...
We see a Eur cad hitting support + qm area after some nice bearish move ... i expect a bounce to the upside (ltf entry for nicer RR or HTF entry for stressless trading) plan B would be a break of the zone and retest from below to get in short .. observe the candles when we hit or break area and let them tell you the story ....listen Carefully ;-)
on daily tf usdcad reached daily qm zone with potential for a long trade here ... plan b is a break of the zone followed by a retest from below for a short waiting on candle confirmation is adviced
after violating some house rules here is the chart again ..this time in the right language :-) we reached qm level and i wanna see reaction or break and retest ... tomorrow cad news will give fuel
Completed bearish gartley pattern on AUDCAD . Entry - 0.911 T1 - 0.902 T2 - 0.895 Stop - 0.918
Completed bearish gartley pattern on AUDCAD. Entry - 0.911 T1 - 0.902 T2 - 0.895 Stop - 0.918
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7022 Stop = 1.6997 Risk = 25 pips Profit target = 1.7097 ( The projected daily high ) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a great weekend ! Allen As some of you...
This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based on your vision . To protect capital and manage your deals and trading successfully the maximum...
Wyckoff analysis, accumulation phase C (buy phase)
This pair has broken out of the RSI trend line heading for the bigger trend line, good time to buy and secure a few pips.
CAD supply at 1.32 (USD/CAD)
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9021). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....