Entry, SL & TP have been illustrated in this USD/CAD video.
my thoughts on USDCAD from a long term perspective. bearish outlook and justification. please, support the idea with like and leave a comment!
Info in the video. Follow me!
Hello Traders, let's take a look at the USD/CAD and take a look at our plan for the week ahead. This is interesting because we've seen the dollar strengthening against most pairs this week except the Canadian dollar which has been stronger than the US dollar. USD/CAD is breaking down into this downtrend and is closing near the lows. That's interesting. I really...
my view on USDCAD and potential trade entry/stops/targets explained
.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
usdcad for the short that could possible break a new lower low for big pips
USDCAD presenting with possible short trade should price break the support trend line. I will be waiting for a break and close below this level and a retest where support will act as resistance.
In this video update, we take a look at USDCAD and how the market could continue to push higher towards the key resistance. The weekly chart formed a strong bullish close off the key 1.3300 demand zone and with the Bank of Canada stalling their outlooks on growth we could see the Canadian Dollar weakness continue. The 4hr chart is forming higher highs and higher...
In this video update, we take a look at USDCAD is the market consolidates at the key support zone. If the FOMC seem dovish towards the rate of which they move interest rates we could see a break of the 1.3300 demand zone and continuation lower. However, if price forms a higher high we could anticipate that prices will move towards the key 1.3440 level.
In this video update, we take a look at USDCAD as it rejected the key 1.3300 resistance last week. Expecting further downside to continue here on this market and looking for a pullback into the previous 4hr lows which holds a 50% fib retracement. A sell limit order may be appropriate here as the news may cause the market to spike into the key zone.
very good position to take a trade from 1,30726 but i did it 1.30760. Of course I made a good position. Rsi was over 40 :)
USDCAD in Big Supply Zone, posting Divergence on Peaks
Looking at a rejection on the cross section of x2 Weekly Trendlines. Waiting for candlestick confirmation as could still be bullish.