Usdcadshort
USDCAD - Daily Trade Idea - 11-Jul-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
USDCAD - Daily Trade Idea - 7-Jul-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
#USDC Dominance looks weak, Bullish rally ahead?USDC Dominance:- The index is showing signs of weakness.
This might be considered a hint that a rally is coming across the market.
Rejection from the upper resistance as well as from the red resistance area has already been retested.
Breakout of this pattern is likely in the next few days.
IMO, It's safe to position into BTC and Alts unless it breaks and closes above 6.88%.
Hit the like button and share your views in the comment section.
Thank you
#PEACE
USDCAD next move !! Hello traders!
USDCAD is currently on the rejection line 1.30760.
We can clearly see that this pair is making a repetitive behavior.
I will be waiting for a reversal pattern on the upper TL or on this rejection line & will wait for a broken structure to take a short position.
Patience is key.
#THEPRIMES
Time to short again???USDCAD is pullback to broken flag now and time to short it again.
Next week we will have BOC rate hike and it will push USDCAD lower.
Also, DXY is meet the top line of his wedge and it has no momentum to be stronger at the moment.
So, I think it will be low risk trade and you can make money on it.
good luck everyone.
Trade safe.