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Canadian Dollar / U.S. Dollar

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JCFRGNT
USDCAD

HTF 50 EMA PLAY BABY!!


🔥👀USDCAD SHORT FORECAST Q2 W22 D29 Y25

Professional Risk Managers👋
Welcome back to another FRGNT chart update📈

Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.


💡Here are some trade confluences📝

✅Daily Order block
✅HTF 50 EMA
✅Intraday bearish breaks of structure to be identified
✅15’ order block identified


🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The rest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT X
Snapshot
positionforex
USDCAD now testing the longer rising channel line.

If price can clear 1.3975 a short squeeze will push prices higher and challenge 1.4100.

Watch the CPE and GDP numbers on Thursday and Friday and how prices react. It will set the tone for the future direction.
Snapshot
curtis_fanning
USDCAD Looks like a lot of shorters just got wrecked haha. Just for some historical context, go look at Oct 2015, this is the same situation. Liberal elected, short dump, followed by a huge pump. Im targeting 1.50 within a year.
Alpha_54321
USDCAD Possible sell @ 1.37685 ,sl 1.37746 and target 1.37285