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Usdcadbullish

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
Long
by JoshFX1
USDCAD : HIGH RISK, HIGH REWARDHi traders, (As always, this analysis was shared with our students first) USDCAD made a perfect retracement of the 0.5 FIB of the previous trend. USD might make another push against all pairs this morning when the NFP stat will get released. This is a HIGHER RISK trade because trading before fundamentals news creates gap and does it usual SL hunting. Here's what I'm thinking : USDCAD LONG: ENTRY : 1.2827 SL : 1.27438 TP : 1.33688 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Long
by ScottMescudiForex
USDCAD LONG OPPORTUNITY 4HR AND D ...MY OPINION(S)EMA Crossing on 4hr TF, but even so, I'm awaiting daily candle close confirmation near the 'Spring' area in order to move in and hopefully profit at the .50% fib. mark. Breakdown: 1. Touching Daily long-term trend Support Area & at Ascending Support; 2. Within Upward Channel 3. EMA crossing (4hr) 4. Appears to be a change in Polarity PS: If it goes past current Support (1.29615), I think it will try to head near Weekly Support of 1.25235 dated back to May 3rd, 2016 Thanks, Lakera
Long
by KeraTrader
USDCAD : Long on Triple Re-test of Support zone ! I'm initiating long positions on USDCAD as price has failed to pierce through the support zone around 1.3140's, My orders got filled around 1.3160's, check your trade plan and risk-reward before entering long in USDCAD. The sole reason for entering long is the strong support zone we have in USDCAD. If all goes well and Target 1 is achieved in USDCAD, Trail your stops aggressively for 2nd targets around the Upper Trendline (pink) marked. Happy Trading !
Long
by InsiderB