the price broke the up trend line and now made a good wave on the fib tool
USD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.34378 which is a pullback support. Stop loss is at 1.34000 which is a level that lies underneath a pullback support. Take profit is at 1.35053 which is a pullback resistance that lies beneath the 50.0% Fibonacci retracement level. High...
So am still bearish on the pair based on the analysis price has given us a sell level on H4, givin formation of a double top...The correction market nature is coming to an end and sellers and coming in anytime next week...so make sure you get your confluence right before taking those sell trade. Confidence is not “I will profit on this trade.” Confidence is “I...
hope this can help some people, this stratergy can help you grow your account easy and simple without having to stress over a trade set up and to be able to trade setups in the market vs just trading the market
As we can see that price broke the trendline and eventually came back and retested or created a new high..We were able to scale in by adding more positions on the USDCAD
USDCAD Crosses the Trendline and creates a new bottom at the 38% Fibonacci line So now the uptrend has been broken. We can consider entering an order #1 Sell: 1.34958 fibo zone 23.6% Stop loss: 1.35520 Take profit: 1.33889 at fibo 50% #2 Sale: 1.35211 Stop loss: 1.35521 Take profit: 1.33429 at fibo 61.8% #3 Follow the price movement closely. You can close half...
USDCAD is falling towards our buy entry, it could bounce off the buy entry and rise to take profit level. Buy entry will be at 1.34481, the overlap support. Our take profit will be at 1.35298, which is an overlap resistance. The stop loss will be placed at 1.33673 the swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
As we anticipated that the price should be bearish anytime soon and the H4 TF gave us a go ahead on the sells and now we are in deep profits still holding to reach the target levels.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #USDCAD. USDCAD is hovering around the lower bound of the wedge pattern. So we will be looking for trend-following buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade...
USD/CAD is rising towards a potential breakout level and could climb higher from here. Buy entry is at 1.35862 which is a potential breakout level. Stop loss is at 1.35310 which is a level that lies underneath a pullback support. Take profit is at 1.36594 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level. High Risk...
Using Price Action Analysis am looking to sell the USDCAD chart and am waiting for the H4 TF to give a go ahead then we will be selling the pair.. Possible swing trade on the bears for the next months will be looking on how the NFP goes then after we will start entring them trades
WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • Break above area of value. • 1H impulse down below...
USD/CAD is rising towards a breakout level and could potentially break through this level to climb higher. Buy entry is at 1.35223 which is a potential breakout level. Stop loss is at 1.34850 which is a level that sits under a pullback support. Take profit is at 1.35690 which is a pullback resistance that aligns close to the 127.2% Fibonacci extension level. ...
Atlas - New Week Review - Feb 25th 2024 . Atlas aka Noble Mike Jamison
Today I will be analyzing indices and USD pairs. I expect some USD strength next week. Disclaimer: This is just my analysis which of course can be wrong. So do your own analysis before investing or trading
USD/CAD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.35398 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.36000 which is a level that sits above the swing-high resistance. Take profit is at 1.34643 which is a pullback support. ...
USDCAD is poised to hit new highs as traders react to lower Canadian CPI data. While the US dollar is lower against most other currency pairs, the greenback is higher against the Canadian loonie as traders react to lower CPI. This movement of the dollar against the Canadian loonie is in contrast to the general declining trend of the US dollar today. Canada's...