GBPCAD is attempting to break below a key pullback support and momentum could cause it to drop lower for a potentially bearish breakout. Sell entry is at 1.65366 which is a pullback support; wait for the current 4-hour candle to close below the Sell entry prior to putting on the trade. Stop loss is at 1.66206 which is a pullback resistance level. Take profit is...
USDCAD is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.34960 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.35700 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is...
USDCAD could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 1.35019 which is an overlap support. Stop loss is at 1.34200 which is a level that aligns under the 127.2% Fibonacci extension level. Take profit is at 1.36126 which is an overlap resistance level. High Risk Investment Warning Trading...
USDCAD could rise towards an overlap resistance and potentially reverse off this level to drop lower. Sell entry is at 1.36126 which is an overlap resistance. Stop loss is at 1.3710 which is a level that sits above the 61.8% Fibonacci projection level and the recent swing-high resistance. Take profit is between 1.3507 and 1.34841 which is an overlap level. ...
USDCAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.36034 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.34850 which is a level that aligns under an overlap support level and a recent swing-low. Take profit is at 1.37331 which is a...
USDCAD is falling towards the buy entry at 1.35673 which is an overlap support and could potentially reverse from this level to bounce higher. Stop loss is at 1.34852 which is an overlap support level that sits below the 23.6% Fibonacci retracement level. Take profit is at 1.36545 which is a multiple swing-high resistance level. High Risk Investment...
RESISTANCE @ 1.3354 SLO @ 1.3340 ⏳ TP1 @ 1.3333 (closing ALL Buy Orders) BSO @ 1.3265 ⏳ (pending) SSO @ 1.3245 📉 (triggered) SUPPORT @ 1.31175
-SL @ 1.36681 🚫 SLO2 @ 1.3620 ⏳ SLO1 @ 1.3525 ⏳ (half position) TP1 @ 1.3350 TP2 @ 1.3215 TP3 @ 1.2980 TP4 @ 1.2833 BLO @ 1.2795 ⏳ -SL @ 1.27278 🚫 00:00 PRE CAD NEWS 00:58 Boost, Follow, Comment, Join 01:40 Technical Analysis 02:54 Fundamental Analysis 05:42 Curve Analysis 07:42 News Anticipatory Trend 08:08 Risk-to-Reward 09:44 LIVE STREAM @ 05:15 PT / 08:15 ET 🔥
AS mentioned last week. We came right down into the gap highlighted last week. Beautiful reaction off there. Video shows a breakdown of what I was looking at today on a 1min chart I did long the position but i will not be holding for the whole 2800 pips. First of because thats crazy haha and 2ndly I have nearly hit my target on the prop account I'm trading it
In this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives ot target
in this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objective to target
A 'sell' opportunity just presented itself on the euro-loonie trading chart following the bearish inverted pin bar at the end of the bullish run just below the 1.37664 daily horizontal resistance level. If you enter this trade at 1.37482 and put your stop at 1.37787 (about 30.5 pips) and target at 1.35355 (about 212.7 pips), you could be looking at a...
DXY still bullish and expecting price to hit 103 in the coming weeks. So all bullish Dollar on Majors.
A long trade opportunity recently presented itself on the CADCHF trading chart. This is signalled by a bullish harami candlestick pattern just above the 0.73580 horizontal support level. Depending on when you enter this trade, you could expect a reward-to-risk ratio of 3.73 with SL at 0.73549 and TP at 0.74519
Is USDCAD Ready for a Short Trade | Swing Trade Idea I see that USDCAD has been in a mild down trend on the daily chart It has created a range and a downward channel. Can we Short the USD/CAD now?
Fib channels and fib retrace. Monthly tippy tops and bottoms in light white. Last Month's Top Bottom in White. This and previous week top in blue. Last week's close in dotted blue. I'm bullish Dollars. Bearish oil.