Forex-usdcad
#forex #usdcad Buena momento para entrar SHORTEl #usdcad no pudo pasar la resistencia en 1.3120, ademas el #usdollar también tiene basta presión alzista. Hay que aprovechar esta correccion de tendencia. Entras SHORT ya @ 1.3120, y vendes la mitad en +/- 1.3050 o depronto mas abajo, siguenos para recibir mas indicaciones de como continuar con este trade. Pon el Stop Loss en 1.3220. Buen Trading.
#USDCAD #FOREX Trend correction change, time to SHORT IT.#forex #usdcad unable to break the resistance line at 1.3120 will bounce back down to around 1.3030 or more. This is just a correction. So, take half your profits around 1.3050 or less, follow this idea for more info in the near future in how to trade it. Stop Loss set it now at 1.3220. Good trading.
USDCAD Heading towards Daily Supply ZoneI am looking a Short oppurtunity by using Pending order Sell Limit on USDCAD in 1.2720-1.2780 area with take profit 1.2500, Stop loss at 1.2830
Fib Time Zone shows clear future peak.When investing in markets, always remember to get out of trade just before the trend hits the resistance line which over time maximises profit gain and reduces loss.
USDCAD Weekly ShortAfter pice failed to make a higher high, price has broken below support.
Confirmation 1 was a significant Pinbar close. As this is a higher timeframe setup, we will likely see a second confirmation, for example a bearish engulfing candle close, or a significant Pinbar, at resistance.
Resistance also correlates with a 50% fib retracement.
USDCAD, Buy.H4:
- Tendency: Upward
- Closed above support daily
--> Waiting pullback downward
==> BUY
Short Retest?Looks like broken structure.
Lack of buyers at this level tells me selling would be a good idea.
The next demand level is rather far so the possibility of letting profits run longer seem very real. I've put a hypothetical trade should it occur. Update with actual trade if taken.
USCAD possible scenarioWe have a possible scenario that USDCAD will be going up from that support line @ 1.29891 and we will have a nice bounce of 50 pips+ of profits. I will for sure keep this one updated.
SELL OPPORTUNITY FOR USDCAD
We have closed below the (4H timeframe) formed trend line for the USDCAD pair. The "Income Trend Signals" indicator is revealing 'heavy' downtrend momentum. Possible sell opportunity. Await for confirmation before any decisions are made.
-CoderX
USD/CAD Analysis Aug, 2018 This will be my views of USD/CAD Pairs Aug 2018.
Please make sure to read the "update" comment as there will be changes along the way.
You are welcome to "Like" and "Comment".
Cheers.
S0nic
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A quick look at recent Volume Trend Analysis signals (USDCAD 60)You can see the Volume Trend Advisor is doing quite nicely with the indications and swing points.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short. The indicator is available on Trading View and if you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
Please also visit some of our other ideas to see how well this method of analysis works to identify likely trend changes in advance. It works on any chart and time-frame as well.
The lines on the chart show the very highest and recent Logical Trade Levels which is another indicator in the full system.
*****Update on development:*****
Please excuse the lack of posts recently but we were busy testing the porting of some of our core volume analysis systems over to TradingView. I am very happy to report they are available now. There is a limited time offer to get all of them together so be sure to check out our website for more information.
I'll be posting a number of examples today as conditions warrant. If you have any questions, let us know via a direct message.
USDCAD - LONG (Conditional on the Fed being Hawkish)Long opportunity, provided the fed maintains an Hawkish approach to the rates.
UC Ready For Another Strong Bearish Move?USDCAD is still struggling to break the support zone at 1.315 - 1.316. However, looking at the 1H chart we see multiple indications of a downtrend.
1. Price got rejected of Fibonacci R2 level and have seen a downward move since
2. After rejection, price came back below R1 and then crossed back to the upside but failed to stay above forming a Lower High
2. Price did not complete a lower low, however, did see the closing price lower than since we broke above the support level
3. 5 EMA and 10 EMA have crossed the 21 EMA
4. 5, 10, 21 EMA are all below the 50 SMA
5. Price is well below the 50 SMA
6. We closed the week just below the 100 SMA on the 1H time frame (SMA is in the middle of the candles body at the moment).
7. 200 SMA in a neutral position with no slope after a slope downward indicating price may be consolidating for a strong bearish move
7. MACD has crossed to the downside with a weak move on the upside prior to the crossover
If you see others indications for the bearish move or if you see reasons for this pair making a bullish move, please comment below. I'd love to hear your feedback.
Happy trading.
USDCAD Short TradeFX:USDCAD recently broke previous Swing High (SH) with strong bearish candle.
Last week Swing High was rejected by Monthly level.
Price formed A, B and C, D movements are exactly the same, so I'm looking on B, C line. Another great thing is that "D, E" line precisely hits the weekly level!
Let me know what you think down in the comments!
The USDCAD Breaking Out Above 1.3000Last post: March sixth. See chart .
Review: Price had broken through the daily 200sma but was faced with resistance at 1.3000.
Update: Price did a pop and drop above 1.3000, pulled back to the daily 200sma and since April, price has been bullish and has now broken March resistance.
Conclusion: Applying patience and waiting for the right opportunity to enter long trades with is also dependent on the DX!1 .
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Bearish Breaktout?Seems like resistance around 1.3040 is holding and what seems to be a rising wedge pattern.
Are both valid enough to cause the price to break?
Entry: 1.3030
SL: 1.3060
TP1: 1.2970
TP2: 1.2940
