USDCAD: Buy dips!USDCAD
Intraday - We look to Buy at 1.2850 (stop at 1.2790)
Previous support located at 1.2900. Previous resistance located at 1.2950. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 1.2950 will confirm the bullish momentum.
Our profit targets will be 1.3000 and 1.3025
Resistance: 1.2950 / 1.3000 / 1.3025
Support: 1.2900 / 1.2850 / 1.2800
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Usdcadsetup
USD/CAD Made Head&Shoulders Pattern,Short Entry After 4H ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/CAD Short Trade SetupHey Guys!
The Usd/cad's weekly bias is currently short. Or in other words, price is likely to reach 1.2400 before reaching 1.3075.
In this post I explain what I'm looking for in order to enter this short set up. As well as what I'm looking for in order to confirm this weekly short bias.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
USDCAD: Rallies to be sold?!USDCAD
Intraday - We look to Sell at 1.2630 (stop at 1.2690)
Previous support located at 1.2500. Previous resistance located at 1.2600. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.2630, resulting in improved risk/reward. A move through 1.2540 will confirm the bearish momentum.
Our profit targets will be 1.2500 and 1.2475
Resistance: 1.2600 / 1.2630 / 1.2650
Support: 1.2500 / 1.2475 / 1.2450
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | USDCAD approach to 1.26000USDCAD is approaching a major resistance zone 1.26000.
Price action often tends to form some kind of channel near major levels.
We can see a price deceleration and it's likely to form a descending channel.
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