USD-CAD-SELL
USDCAD sell signal op
ENTRY: 1.32900+-
TP: 1.32600
TP2: 1.32300
TP3: 1.32000
SL: 1.33300
Chart time frame - 4h
Time for reaching TP - 1-3D
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USDCAD starting to make its move, creating new downtrend. USDCAD playing out beautifully, price broke out of the wedge/triangle and retested the trendline. If we can get a daily close below the trendline, we'll enter the SELL position.
USDCAD SELL
Start: 1.33315
stop loss: 1.33482
take profit: 1.31156
USDCAD still just below the trendline, currently in some profits. Though, there's a good chance BUYS might come in play if the candlestick pushes above the trendline. The thing to monitor is the daily candlestick...red/bearish candlestick.
USDCAD SELL INBOUNDNOT GOING TO GO TO INTO DETAIL BUT HERE IS MY CURRENT VIEW.
Please message me for further details or any help and blessed trading! :)
USDCAD SELL1. Retroceso de tendencia mayo en nivel 61.8 del fibbo.
2. Zona de ventas..
3. Triple techo.
4. Linea de tendencia bajista.
Analisis en 4H y entrada en 1H
USDCAD SELL WE HAVE HAD A NUMBER OF RETEST TO THE UPSIDE AND NOW THE CURRENT PRICE IS SHOWING STRONG REJECTION OF THE RESISTANCE LEVEL THEREFORE I AM LOOKING FOR A PULL BACK TO THE UPSIDE AND TAKING THIS TRADE SHORT
USD/CAD SellHi All ,
As i was stopped at entry on my previous analysis . I'm entering this pair Selling inside the downtrend triangle range . As always SL to entry when price move in our direction , better to be stopped at 0 instead of ££££ .
Any questions let me know .
Many Thanks.
USDCAD - SELL INTRADAYUSDCAD, simple setup break out from the consolidation range followed by a retest + retracement. entering shorts if retest holds on the 1hr timeframe.
USD/CAD Looking to Bear it DownAs you can see on the daily, the candle has run up next to the Fib 0.786 and is currently in a red candle on the 4hr chart (though it has not closed yet). As long as this downward pressure continues, should be a safe ride down to 1.2951 (but that's just my thoughts if it goes down). If however it does break above 1.3292 - well to be honest I'm not sure what to think of that yet...
I do expect a downward return to resume as the reversal appears to have already happened back on the 28th June. This is of course just my thoughts, what do you think?
USD/CADResistance test a few times and rejected, USD / CAD on a downtrend, as you can see on the 2 charts, I believe in a possible bounce on the 1D chart support, but for now, a short.
USD CAD Sell Opportunitymarket is in downtrend and pullback to previous support which is acting resistance now
now we can enter the trade with stops above swing high
use money management
good luck
trade green
USDCAD - SHORT - 1.305 - Catch those pipsUSDCAD has slowly lost its bullish momentum hence why we were stuck and market decided to go sideways. We formed a double top signalling a sell off to occur, which did happen. We broke the range bound box and I believe we are only going to go lower from here, I have my eyes set on 1.305.
Short USD/CADBased on a Fib from 2016 to the low of 2017. The price bounces off the 32fib and continues down. On the daily chart there is now a small wedge forming and it is not making higher highs. Bollinger bands are tightening up and price closed below the MA. Target price 1.25470.
USDCAD Sell Setup Kindly note what happens to the pair in each month of may during the past years, I expect a bearish wave is in process now and it will gain more momentum during May.
Good Luck.
USD/CAD - Bearish Minor C - End of CorrectionUSD/CAD previous Bearish views and set-ups worked out amazingly good and the Members cashed in some impressive green pips.
Previous Articles:
USD/CAD (dollar/loonie) - Elliott Wave - Long Term Forecast - BUY & SELL
USD/CAD-Dollar/Loonie – Bearish Break-Out – Intermediate (C)
Now it looks like another Bearish Wave could be preparing, therefore, I am signalling the alarm once more because we could be in for another dip.
Intermediate (Y) (red) is expected to complete along with Minot C (red).
Minor B (red) Technicals:
61.8% Fibonacci Retracements of Minor A (red)
100% Fibonacci Extensions of Minutes w&x (purple)
150-161.8% Fibonacci Extensions of Minuettes (a)&(b) (orange)
Decreasing volumes pointing towards an upcoming Bearish Divergence
As you can see, the Fibs are aligning for a possible Bearish outcome.
USD/CAD - SELL Positions:
Moderate Entry @ 1.3100 with SL @ 1.3400
Conservative Entry @ 1.3330 with SL @ 1.3600
Targets @ 1.2800 / 1.2500 / 1.2200 / 1.1900 / 1.1600
Many pips ahead!
UPDATE ON USD/CAD!So prices are still approaching the 1.32000 Region as expected
HOWEVER.
I am also expecting a change in trend near this region, towards the downside target of 1.27000/1.24000 .
Having said this, prices could violate our resistance region at 1.32000 and penetrate through to achieve highs of 1.34000 however I don't believe that this is probable. I see it more as a potentiality rather than a probability.
Let's wait and see, I'll hopefully update you guys with a nice juicy short by next week on this trade.
Overnight trade 6/3/18USDCAD to continue lower, due to USD weakness
This is the start of a series of trades setups i'll be identifying, for traders who just haven't got the time.
So a trade to enter before going to bed and achieving a profit by the time they wake up.
This is only a probability setup, please remember to manage your risk and ensure to know why you are entering the respective trade
