USD/CAD - Elliott Wave Technical Analysis Structure & Degree: Primary Degree B (red) Complex Structure, Double Three - Intermediate (W) (purple): Semi Complex Flat within Minors ABC (blue) - Intermediate (X) (purple): Complex Flat within Minors WXY (pink): Semi-Impulsive Minor A (blue) Bull-Flag (Double Three) Correction in Minor B (blue) Bullish Impulse in Minor...
USDCAD SHORT SHORTING FROM 1.31610 TP 1 1.30750 TP 2 1.30505 TP 3 OPEN To get involved with mentorship or get more trade ideas; contact me. Instagram @VARGOSCAPITAL
# USDCAD > Chart: H4 > Trendency: Down > Rtrench Fibo 0.50 level > Toward to Lower Low
the daily time frame has built a falling wedge. are we expecting a reversal or a breakdown. keep an eye on the pair. do not miss out
its good opportunity to buy USD at this level in dip and its near strong upward Trendline
On USDCAD I'm looking for a long BUY, but first If we respect the 50% will be placing SELLS to go retest the .31500 zone, then swinging all the way back to .3211 there will wait for confirmation to the upside or downside
Im seeing a bearish trend on USDCAD but we also got a wick fill at .33821 on Daily so untill I see confirmation of a reversal Ill be entering sales ( Feel free to leave a comment )
USDCAD SELL TP_1.3073_1.42%_0.0188pips_SL_1.3327_0.49%_0.0065pip
OANDA:USDCAD IF THE RESISTANCE BREAKS wer might be heading for sell
Lets hope the major news releases for this pair on Wednesday don't make a mess of things.
See chart for illustration. This is a follow up ( see link below for reference purposes)
USDCAD retest Fail? Target 1.3070 1.2900 1.2770
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Follow up with USDCAD 60 TP x 30 SL
Welcome to our weekly market Breakdown (USDCAD)! 1 HOUR Sideways waving market structure. 4 HOUR Slowly rising market with several pullbacks and low pressure. DAILY Bullish market found its resistance in my opinion. OVERALL Two very likely scenarios in usdcad this week, depending on price action on monday prices should fake a breakout either to the upside...
Bear trend. You can see in the graph above that the average line moves 200 very reliable which means that the usdcad above the line is worth buying and when the usdcad below is worth selling. This is already the second time that usdcad is trying to rise above the trend line with no success. Target: 1.3175