Usdcadsell
SELL USD/CAD LONG-TERM TRADE IDEAAfter USDCAD has been moving in a downtrend, it has paused a bit to retrace to a resistance which touched the trendline and a major level which it was resisting for quite a long time, I am looking forward to selling this currency pair on Monday for a long term trade but I will first have to wait for a good price on lower time-frames...But overall I think it's still continuing with its Bearish trend
The MACD supports this
The resistance level
The Bearish/Downtrend movement
The last closing candle on the resistance was a 1D bearish candle, a Bearish pin-bar
anyways we never know where the market will head on Monday but all the best if you decide to take this trade
Usdcad Using an trend following strategy we can see some volatility going in favor of the bear ( space between 50 ma and 200 ma)
also based on a fundamental point of view , with the oil going through the roof the cad should see some nice bullish attention from the correlation between the two assets.
so looking at how many time the trend reverse on the 50 ma usd/cad should reverse one more time.
bests regards, jeremy
USDCAD - SWING - 02. MAR. 2021Welcome to our weekly trade setup ( USDCAD )!
-
1 HOUR
Strong bearish reaction.
4 HOUR
Closure below main sr level and nice pressure.
DAILY
Overall bearish market structure with a bullish pullback.
-
FOREX SWING
SELL USDCAD
ENTRY LEVEL @ 1.26380
SL @ 1.27340
TP @ 1.25000
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USD/CAD SELL SIGNAL Hey tradomaniacs,
welcome to another free trading-setup.
USD/CAD: Daytrade-Execution
Market-Sell-order: 1,26700
Stop-Loss: 1,27300
Point of Risk-Reduction: 1,26260
Take-Profit: 1,25150
Stop-Loss: 60 pips
Risk: 0,5% - 1%
Risk-Reward: 2,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
PS: Had a little delay! We`ve executed this setup already. May you`ll find an alternative entry or get a retracement!
USDCAD Growth from the level of USDCAD Growth from the level of
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
USD/CAD Short From Resistance This has retraced nicely to the point I marked out in my previous analysis for the pair. This is a good shorting entry to the target of 1.22500 with SL just above the resistance level. MACD is still below 0 so that signifies this is still bearish and EMA's are very close to crossing but I expect this to drop from here.
USD/CAD Waiting For Retrace To ShortThis has broken below a support, it now offers a chance to short this further but we need to see a retrace first for an opportunity to enter the trade. A retrace to at least 0.382 Fibonacci is required, then if and when it rebounds the short can be entered with a target of 1.22500 with SL just above the support level.
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Daytrade-Preparation
Market-Sell: 1,25815
Stop-Loss: 1,26315
Point of Risk-Reduction: 1,25340
Take-Profit: 1,24625
Stop-Loss: 50 pips
Risk: 0,5% - 1%
Risk-Reward: 2,40
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
USDCAD Buy, just as I predicted ! Good Luck tradersHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY GOOD LUCK! Great BUY opportunity in USDCAD..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Daytrade-Preparation
Market-Sell: 1,26830
Stop-Loss: 1,27200
Point of Risk-Reduction: 1,26600
Take-Profit: 1,26100
Stop-Loss: 37 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
USD/CAD SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
USD/CAD: Daytrade-Execution
Market-Sell-Order: 1,27500
Stop-Loss: 1,27960
Point of Risk-Reduction: 1,27160
Take-Profit: 1,26400
Stop-Loss: 44 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!