USDCAD 4 HOUR Cup & Handle (GOLDCUP) signalsCUP AND HANDLE (Goldcup) USDCAD 4 HOUR
ENTRY (SELL): 1.41507
SL: 1.41816
TP: 1.40924
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(WARNING⚠️)
I am not a professional trader. This is my personal opinion on the trade, and if you are to take action; it is at your own leisure, I am not legally liable for any money gained or lost.
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Usdcadsell
USDCAD potential SELLUSDCAD is currently in a major reversal zone that reversed back in January 2016. This gives me a very strong indication that this pair is going to be selling long term. I am expecting price to follow the bearish trend and to break through the support zone at 1.38504 to then retest and make it become a resistance zone; in that instant i am planning to sell long term up until the next support zone situated at price 1.33816 for around 460 pips.
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 Elliot Wave Analysishey guys, here is my new idea about USDCAD
price just finished a whole wave
now i think is in the point b of the correction abc
point b is 50 % fibonacci retracement of a
im seeing a 5 3 5 (ABC) correction pattern
i marked a green zone below which is the -127 level of the fibonacci extension between a and b, as a take profit zone where i think the price will move it forming C
this is just an idea, tell what you think about this count.
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 1.41655 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.