Short, Sell USD/CAD Entry: 1.32547 Stoploss: 1.329 (-36 pips) Tp1: 1.315 (+107 pips) Tp2: 1.3 (+259 pips) 11:07 am CST 11.14
CAD CHF + Daily Trendline broken + Good Bullish Momentum + Fundamental strong CAD + Waiting for a Break and Retest Scenario - CAD Interest Rate Decision, not the best for SwingTrading, if we hold rates we can see really good momentum to the Upside! Risk to Reward: 1:2,25 5000€ Account 50€ Risk 125€ Reward
D1 -->> pullback to support --->> a break below the cloud invalidate buying CAD
*Yellow = 100 EMA | Blue = 200 EMA *1D Chart The CAD has been one of the best-performing currencies in 2019 especially after dovish intentions were interpreted from the Fed. It's risen an overall 4% since January. With the Fed announcing rates tomorrow, we could see further movement from the CAD. HOWEVER, the CAD has been making moves in the short term that...
We're all green for 5 to 90 day exponential moving averages, RSI and stochastic both signal we have room to go before a short. This was is a long, but not its a few day trade for a scalp so keep your eyes on your screen. For more, check out www.anthonylaurence.wordpress.com
Have been waiting to get short this pair- short NZDCAD post the New Zealands central bank meeting which took NZD in to todays top performing G10 currency- looking for descending red trendlines to hold and for the pair to trend back down to low 0.89 area and potentially break to the downside. Pair currently in overbought territory following the overnight spike.
We're seeing a technical formation on EURCAD that is indicating the potential for further downside. In order to enter the trade wait for a strong bearish candle below the structure.
If we break this wedge on the 4h timeframe shorts will be triggered. This analysis is symbiotic with our higher timeframe outlook and may provide a longer term opportunity that will be conducive for several positions and thus a higher profitability trade. Fundamentally this isn't the best pair to trade if equities continue to suffer but we'll listen to the...
Wait for a break and close below the triangle to enter shorts.
USDCAD this is a nice place to enter for a short. stop loss should just be above my blue line. FOR THOSE THAT have been keeping tabs with my analysis, you should have made lots of profit on this pair. :)
USDCAD this is a nice place to enter for a short. stop loss should just be above my blue line. FOR THOSE THAT have been keeping tabs with my analysis, you should have made lots of profit on this pair. :) PLEASE LIKE, FOLLOW AND COMMENT
Using the wave analysis FX:CADCHF seems to be on the ABCD now going to E. make sure you get in early. please like and comment. thanks
Double Bottom in CADCHF Possible BUY, if price closes above Neckline. Parabolic SAR signaling short upmove and 10 EMA close to cut 40 SMA in upward direction.
CAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips. Also we can see a possible Harmonic Pattern formation in the following weeks/months. Good Luck traders!!
Here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an SHORTING opportunity for the AUDCAD pair. Take a look at my analysis I would love your feedback.
Bullish Gartley pattern has formed on 1d time frame also in area to test structure.