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.
Buy above 1.2966. Stop loss at 1.2893. Take profit at 1.3164. Reason for the trading strategy (technically): Price is now testing major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullback...
Hi for those whoa re looking for short in USDCAD can take the trade right now. It just broke the trend line and after retesting the same zone expectations are for to go down this time thanks
Price just this past week hit a key support area on the daily chart, now we just need a little bit of patience for price to give us the right confirmation for it to come to show signs of continuation to the downside. BE DISCIPLINED AND WAIT! Click to join: t.me Need one on one guidance? Let a trader help! www.blueprintforex.com
Again Breakout From TRIANGLE ZONE, Buy Moment.. Hope Keep Profit
The USDCAD swing trend has been a solid bear for days. However, that might be changing? resistance is broken and a lot of trending indicators are signaling a new buy signal. Is it time for the Bulls to have a run? I'm long @ 1.3240 with a stop just below 1.3200. I understand the risks associated with picking the bottom (or trying to pick the bottom) of a swing...
Good to start Mondays like this... B Point of our pattern is almost near 61.8% which results in deep bat pattern completion just around X, which reduces our risk too.This pattern has very good risk reward , even our initial targets have more than 1:2 ratio. As of now USDCAD is about to complete the bearish bat pattern and its just short of 37 pips from our entry...