Sellusdcad
UsdCad to Complete complex corrective Wavethe pair completed an X swing near 1.3320 level, i believe this pair might extend lower in the coming sessions to target 1.29/1.28 in the near term to complete the complex corrective cycle.
this scenario might push oil higher to perform a 3 waves pullback.
good luck
USDCAD sell right now. Very afraid but interest RRR.Open sell order at price 1.3306
SL - 1.3329
TP - 1.3130
RRR - 7.67
I am afraid that i take SL on continue BUY impulse. But impulse was only 24 hours and main trend is down. So lets think that it was only fast big correction and down movement is continue.
USDCAD - WEEKLY SWING - 26. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
WEEKLY FOREX MASTER SIGNAL
4 HOUR
Explosive H4 Candle agains the trend taking out sellers, good entry for us!
DAILY
Bearish Waving market with small Pullback in Daily Timeframe
WEEKLY
Market Overbought and strong bearish reaction to 1.33900
LEVELS
SELL USDCAD @ 1.30040
SL @ 1.31010 (95 Pips)
TP1 @ 1.28950 (110 Pips)
TP2 @ 1.28560 (150 Pips)
SL TO BREAK EVEN @ HIT OF 88.60% FIB LEVEL
„Weekly Swing trade with good Entry and RR.“
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USD/CAD SHORT [SWING TRADE] FX:USDCAD
1D
As we can see, price breaks lower low. A downtrend pattern is formed. Biased Sell.
4H
We can see 3 SBR lines on 4H (black dotted horizontal lines). That would be the best levels for us to sell.
You can either wait for retracement and formed a CRS then only enter the market with tight SL, or... Alternatively, you can set an entry at 1.3050 (taking the middle level) and SL at 100 pips above.
TP would be at 1.275 (next 1D Dynamic Support level)
RRR 1:3
Anyway, I still prefer to look for the opportunity after NFP news. Anything might happens during the news released.
TAYOR
USDCAD Sell IdeaHello Traders,
We saw some price action on last friday but it wasn't strong enough, but this pair is now in my radar. In case DXY will keep failing I will look to sell this pair, watch how it will come up, If with correctively candles and DXY falling I will manage to sell as much high as possible.
Good Luck!
Cheers,
Jonas
Sell USDCAD .. Price Action + Resistance + OverSold .The USDCAD has reached a resistance and showed up a good price action as a daily candle has closed bearish , and the Stochastic is OverSold at 80 Level .
I'm expecting the pair to respect it and go down to touch 1.3320 and then we wait for a new condition .