TARGET: 54 PIPS TP1: 1.32765 TP2: 1.32944 SL: 1.31780
USDCAD Timeframe: 1D Direction: Short Confluences for Trade: - Upward momentum slowing - Price at Resistance Trend-Line (since June 18) - Stochastic Overbought momentum - Fundamentally, Canada's data is still strong, and Canada being a commodity currency was hit when oil price fell drastically, however, our view is that oil price has stabilize around...
USDCAD Formed a 1H BAT pattern and the X point has very strong structure. Therefore Short from 1.31550 Target 1: 1.30485 Target 2: 1.29915 Target 3: Move STOP TO BREAKEVEN and let it run. If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
The descending line shows us a down trend.Today's candle respected to this trend and made a Shooting star which is a bearish signal. With this signal I'll go short and let's see what will happen next week.
Pair: USDCAD Trade: Short Time Frame: 4 Hour Strategy: CYPHER PATTERN
USDCAD FOR COMING WEEK LIKE, FOLLOW AND COMMENT :)
Hi Everyone, USDCAD is about to drop little more. You guys have to wait little more to see the price action But most probably it will drop till the provided zone. Thanks
USDCAD: 4 Hour cycle is bearish against 1/20 (1.469) and the 1-hour cycle is bullish against 9/8/2017 low (1.2065). Correction to the cycle from 4/17 low is proposed complete at 1.2957 low. Near-term, while dips remain above that level and more importantly the pivot from 4/17 low stays intact pair is expected to resume the upside. We don’t like selling the pair...
USDCAD Goes down for Trend line support
we are looking for short Usdcad SL TP mention in chart
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.