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Forex-usdcad

USDCAD - Short OpportunityThe price broke the uptrend line and dropped below the cloud. It confirmed the uptrend reversal and from that moment the market became bearish. After a short term upward movement, the price bounced from a new resistance zone formed by the trend line and Senkou B. It was the 1st signal for opening short trades. Now we have 2 lows which can be used for drawing a new uptrend line. It will act as a signal line and if the price breaks it, we will get a new sell signal. Stop orders should be placed above the previous swing high at 1.33500 level. Profit targets can be placed at the support levels.
Short
by DLavrov
5
Possible trend shift in USDCAD – going shortThe Tidal Shift Strategy has just sold USDCAD at 1.32339. The system recommends entering this trade at any price between 1.32191 and 1.32487. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.02716, which suggests that the USDCAD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00118, so the stop loss has been set at 1.32931. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 63756 Time Issued: Monday, 18 February 2019 01:00:15 GMT Status: open Entry: 1.32191 - 1.32487 Limit: N/A Stop Loss: 1.32931 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
UsdCad long quick and nice 15 pips4h morning star 1h morning star early london momentum still moving up higher time frames always win so need to trust we have triangle formation waiting for break with our long bias from higher tf we get a last kiss on 15m with lots of nice rejection dojis one more push and rejection of down trend line and then a break with the 5m tf also 30m ftr which was a larger picture of the last kiss 1-2 RR depending on entry and profit target keep your charts clean and simple once you took trade up to resistance / supply zone could have shorted for 15 pips and once again it seems on 15m hanging man doji good trade overall, happy trading and trust the 4h signal
Long
by beank1
USDCAD Continuation Up?Although we look like we're due for a correction after the recent long trend upward, we can never be sure the market will not do the unexpected. With the Monthly Pivot Range quite a bit higher now, at the start of the new year, this provides a good support to lean against and remain biased to the upside for the longer term. We must be prudent and wait for the market to break above the highs of last week. Go long a break above 1.36690 with a stop loss at 1.35590 and a profit target at 1.39470.
Long
by chris333