Wednesday: USDCAD - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Usdcadtrade
USD/CAD wit ha nice chance to BUY!Hey tradomaniacs,
the previous breakout of the primary trendchannel could continue and confirm the trendchange!
Technically a great chance to buy, even though fundamentals can still be tricky!
LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT!
Wanna see more? Don`t forget to follow me!
UsdCad- Can it drop to 1.15?For UsdCad the trend is not only down, but aggressively down.
At this point, the pair is in 1.2 important zone support, a support that held in 2015 and 2017.
The daily structure is a rectangle that suggests continuation.
If 1.2 is broken to the downside, the pair can drop to 1.15 psychological support or even to 1.13 technical one.
A short trade at this point also can have a great risk:reward ratio
USDCAD, HUGE POSSIBILITY..??There's strong impulsive breakdown since last year
but eventually it came to Monthly major Support i.e
1.2255.Seems like USDCAD holding above that critical
zone. Daily candle closed in BULLS favour.
Bullish Harmonic Pattern, RSI and Price Action still
favouring BULLS.
However, UC needs to break consoldation zone 1.2330
for proper BULL run.
Trade safe...
USDCAD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity 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 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
USDCAD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity 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 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
#163 USDCAD Long (Buy) Trade Setup IdeaUSDCAD has broken a daily support level and is now falling to a key demand level where we can expect some kind of a rejection. If price action permits, we can look to this level for a potential buy opportunity and aim for a test of the previous support, now turned resistance. If that level does not hold, then we can continue to hold our longs for higher highs on the daily timeframe.
This setup gives a great risk:reward.