USDCAD: Expect Further Upside Towards 1.4280Hi Traders,
USDCAD will continue with the current bullish momentum until it reaches key resistance at the 1.4280 level. At this point, I'm expecting to see some reversal where price will continue the down trend. At current levels, look to join the current upside momentum only when price pulls back. Otherwise, look for short position from the blue box.
Regards
Wave Theorist
Usdcadbuy
USDCAD Buy 4Hr IdeaSo sorry I thought I posted this idea :( I'm doing really bad at this.
Lets see what happens at TP1 that will be our new entry!
USD is on the up for a short period lets see if the bullish movement will continue up to the 1.42347 area. We can then wait and see if the bullish candle breaks the resistance zone I've marked and become support letting us ride it all the way to 1.45308. Let's see what happens good luck!
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.39761 where it could potentially react and bounce to its resistance at 1st resistance at 1.43392.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.41655 where it could potentially bounce further to 1.42924.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.41658 where it could potentially bounce further to 1.42924.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD LONGUSDCAD is moving in an upward trend making higher lows and testing new support. I would not go long to the highest point because it is Friday and I don't want to get caught up in between when the market opens up and other factors. Target was previous high with a little push. Now let's see how this baby does.
USDCAD LONGHello,
We can see here the Ascending Triangle pattern.
I will be waiting for some confirmation to go LONG with this pair.
If it will break below the trend line I will give some time to complete correction.
We have Impulse/Correction and now I'm waiting for another impulse.
Let's see how it works.
DISCLAIMER: This is my personal opinion and view of the market, trade at your own risk. Use proper risk management and trust the process.
USDCAD - SWING - 15. APR. 2020Welcome to our weekly trade setup ( USDCAD )!
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1 HOUR
Very strong bullish reaction after taking out 1.3860!
4 HOUR
Overall bearish market turning right now, broke multiple resistance levels.
DAILY
Possible push to the upside with multiple confirmations and good entry!
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FOREX SWING
BUY USDCAD
ENTRY LEVEL @ 1.40620
SL @ 1.39470
TP @ 1.42240
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.39455 where it could potentially drop further to 1.37420.
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 1.39622 where it could potentially drop further to 1.37420.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.