USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.33193 where it could potentially drop further to 1.32618.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Usdcadbuy
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.33636 where it could potentially drop further to 1.32743.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.33773 where it could potentially drop further to 1.33111.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed from downside confirmation, potential drop!
USDCAD reversed off its downside confirmation at 1.34162 where it could potentially drop further to 1.33633.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.34237 where it could potentially drop further to 1.33633.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD - LONG OPPORTUNITYAs you can see from the chart when price falls below this level of support it shoots up and hits the highlighted level of resistance so we will look for buys in the support area.
There is alot of divergence on the 4H so i believe this will be the last push to the upside.
Once the higher level of resistance is broken, we wait for a retest and buy again!
USDCAD, 4hr tf, inverted shoulders head / broadening patternBased on the 4hr timeframe we could see there is a potential reversal pattern for USDCAD.
We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern.
Price already broken above the resistance.
We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and won't chase it.
Buy limit USDCAD 1.3580
Stop loss 1.3520
Take profit 1 @1.3645
Take profit 2 @1.3710
good luck