CAD
Trend is Your FriendFollow the main trend, it's the easy and profitable way. When price reverses after correction, it gives good entry levels and profit targets. Price bounced from Moving Average with period 50 and we have sell signal. Entry 0.8767 and stop order should be placed above 0.8875. Target 1 for short term could be 0.8605, it's near support level and Bollinger Band. Target 2 is around 0.8400, if price breaks 0.8600 and keeps falling.
AUD/CAD Short Play **After the Break**On the smaller time frame (1H) we can see PA is bouncing inside a channel. It looks like it wants to drop, after the break of the smaller trend line I am opening a short position.
A Lovely couple don't you think?Looking for longs this coming week. With a short retracement to 1.83400's possible.
Manage on lower time frames, this is the daily. :)
Thanks for looking, please comment and like , cheers.
USDCAD PAUSE AND FLY?Possible short on the way.
I'm waiting for the long position set up.
Just an idea, please like or comment. thanks
GBPCAD Harmonic pattern-Fibonacci / GBPCAD patron harmónico- FibGBPCAD. 4H. Harmonic pattern plus fibonnacci retracement. Perfect entry
GBPCAD. 4H. Patrón harmónico acompañado de Retroceso hasta 38.2% de Fibonacci de la caída previa.
Cads Jpy ideaCould go either way here. So waiting is a better option for me.
Just an idea.
please like or comment, thanks
CadChf Volume Is On HellRules To Short :
If any candle Closes Below 0.76650 Short Position is Triggered By Financial Institutions
Cadchf Is looking Bearish As it has following Reasons To Short Below 0.76650
Reasons To Short:
1-Moving Averages Are Bending
2-Market Having High Sell Off At Resistance Level
3-Straight Trend line Resistance Is Present (Major Resistance Level Financial Institutions Secret)
4-Lower Blue Line Is Vertical To Downside Showing Downward Pressure
5-Moving Average Compression
6-Lower Term Time frames Show Lack Of Bullish Volume.
7-Major Banks Are Willing To Short In This Condition All Over News
8-Trend Change
Conclusion:
In The Conclusion i can say that if candle closes Below lower Red Trend Line Then I Am short with take profits @ Flag
Short AUD/CAD break below 0.9418, target 0.9360AUD/CAD trades with a downward bias. Momentum studies on dailies are bearish.
The pair is currently holding above strong trendline support at 0.9418, weakness to resume on breaks below.
Next strong support aligns at 0.9368 (78.6% Fib retrace of 0.9150 to 1.0169) ahead of 0.9360 (May 13th lows).
Longer term bias is bearish, breaks below 0.9368 (78.6% Fib) could drag the pair to 0.93 and then 0.9250 levels.
On the upside major resistance is seen around 0.9440 levels.
Good to go short on break below 0.9418, SL: 0.9450, TP: 0.9390/0.9360/0.93
USDCAD long - break and retest of trendlinemultiple touched downtrend line has been broken, we can also see a clear rejection of the re-test of this trendline.
Possible mid term uptrend before the downtrend continues
$CADCHF | Bearish Wolfe Wave | 1-4 Target LineHello Traders,
This pair offers us a great short set up at point 5. I would look for the 1-4 line as the exit point.
Best,
Chartistry
USDCAD - Long setup - Oil facing huge resistance soonOil is coming to a huge resistance in the next few hours - chances are it will turn and head back down and bears will take over (you can check it out in my related ideas under). This will provide a good long for USDCAD in the yellow box indicated above.
Safe and successful trading!
USDCAD SHORTUSDCAD hit resistance line Friday, 13th and could not break it, also hits 0.7 Fib level unsuccessfully if we consider the last max and mins.
It has been in a downward trend since the beginning of the year. In the beginning of May it hit 0.2 Fib (long term Fib), but unsuccesfully, there is also strong structure at that level, so next move is down since it couldn't reverse into a bullish trend.
Good luck!
EURCAD: Buy breakoutThe pair looks to have bottomed and we have now started a wave up, the correction of this wave looks to be over and it's a good idea to long after a confirmed break up.
IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
NZDCAD SHORT (sell off)Look at jumping in on this down trending market at 0.8775 level if price can break below...
Price has retraced, testing new Resistance, now looking for the signal to short this market.
Stops @ 0.8793
Good potential reward on this set up,
1:2 initial targets, further targets @ 1:4 + if market continues to show bearish momentum.
