Hoping to see price continue to the downside from around current area. Would have liked price to make more of a corrective move but I'm expecting weaker USD so hopefully we can just move from here. Remember always manage risk and never let you emotions dictate your decision making!
We sell this pair because of a strong bearish pressure above. This is more than an institutional analysis. Invest wisely.
Welcome to our Trade Setups - May 26th ( USDCAD ) ! BUY USDCAD ENTRY LEVEL @ 1.21084 SL @ 1.19635 TP @ 1.25427 Max Risk: 1% - 3%! Risk/Reward Ratio: 3 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
USDCAD is in the middle of a supply zone. Showing rejections, we need to see bearish price action for a valid short entry.
As it broke the short term trend within the long sell trend, it has the potential to go up. buys can be triggered from this zone all the way to up. and zone above will be very good for sell entries.
USDCAD is what I am Eying for this week
I expect fall of usd and downtrend channel continuous in this pair. so i take this trade fast
Hello humans 🖖 This is my set-up for USD/CAD Daily support and 61 fib on the 4H are holding. Sell-order: 1.25875 Take-profit: 1.23854 Stop-loss: 1.26616
UC going to short. Its create rising wages with hidden bearish divergence!
This has retraced nicely to the point I marked out in my previous analysis for the pair. This is a good shorting entry to the target of 1.22500 with SL just above the resistance level. MACD is still below 0 so that signifies this is still bearish and EMA's are very close to crossing but I expect this to drop from here.
This has broken below a support, it now offers a chance to short this further but we need to see a retrace first for an opportunity to enter the trade. A retrace to at least 0.382 Fibonacci is required, then if and when it rebounds the short can be entered with a target of 1.22500 with SL just above the support level.
Looking For a Sell Position USDCAD . Banking on Bearish Trend To Continue Till 1.2606 levels Fibs For TP 1$2
Hello traders, USD/CAD is trading at 1.2692. The price is trading in downward resistance and support channel, it can go further down from here. As the price has given a small pull back now it can continue its down trend and its target price will be at 1.2548. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't...
USDCAD, Pullback to test resistance and Strong Trend Line!
USDCAD ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
USCAD shows a very good sign of short position. + Breakout Descending Triangle pattern + Strong Support Becomes Strong Resistance + The Price Action tells Short