Usdcadbearish
The USD looks to be taking a nose dive!!Here I have observed a short opportunity on the USD CAD the pair look to be holding at resistance with a really intriguing reversal pattern lets see how the close of this month plays out I'm going short at the 1.27800 level with a down side target 1.27000 level or below.
USDCAD Sweet Buy Setup For Massive Incredible PipsUSDCAD on the daily time frame shows a nice buy setup. As you can see it has already broken the upper range which is a nice bullish signal. Then we notice that its currently at a resistance. When you see how Stoch and ADX are shaped it looks like theres enough power left to break the resistance and head up further. Stoch is about to make the bullish crossover and ADX shows a strong bullish trend with the green and "neutral" line up.
Open: around 1.2755
SL: 1.2705
TP 1: 1.2880 TP 2: 1.3012