Usdcadlong
USDCAD: Dollar prevails above all!USDCAD
Intraday - We look to Buy at 1.2900 (stop at 1.2840)
Previous support located at 1.2900. Previous resistance located at 1.2950. Risk/Reward would be poor to call a buy from current levels. A move through 1.3000 will confirm the bullish momentum.
Our profit targets will be 1.3050 and 1.3100
Resistance: 1.3000 / 1.3050 / 1.3100
Support: 1.2900 / 1.2850 / 1.2800
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USDCAD (LONG) 🔥🔥🔥ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis 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 page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
USDCAD - Daily Trade Idea - 20-Jun-22USDCAD (LONG)- If all the support holds in place.
If we see the Support 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 - 17-Jun-22USDCAD (LONG)- If all the support holds in place.
If we see the Support 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 - 15-Jun-22USDCAD (LONG)- If all the support holds in place.
If we see the Support 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 - 14-Jun-22USDCAD (LONG)- If all the support holds in place.
If we see the Support 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 possible longsStrong trendline break
8H impulsive bullish push breaking previous structure
SSL has been taken,
slight FVG not quite filled this is left by the BFI's to collect orders at a later date
watching to see if price pulls back to the golden fib zone 50 - 61.8
and potentially respect 1.26200, 1.26500, 126.800 psycological levels
*** if anyone is interested the indicator at the bottom of my chart is called Rainbow adaptive RSI ***
USDCAD - Daily Trade Idea - 13-Jun-22USDCAD (LONG)- If all the support holds in place.
If we see the Support 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 ROLLOVER TO THE UPSIDE?? WELL. YES.USDCAD has been maintaining its support level on 1.24528 for the past 30 weeks and we finally have proof that it will rally up. Based off price action, USDCAD has printed an equal inverse three head pin. besides that, looking at the weekly closure above the last week candle shows how powerful the bulls are ready to kick price back to 1.36824