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Usdcadlongsetup

USDCAD H4 TIMEFRAME ANALYSIS (BUY) 220 PIPS TARGETWe expect to buy this pair because new Jerusalem Ultimate bands is indicating a support level and there are early signs of reversing backwards. There is a strong bullish pull back awaiting the market opening to manifest. Our target in this one is 220 pips in profit and our risk to reward ratio is 1:3R The entry and exit points are as indicated on the chart. After we hit 220 pips in profit the New Jerusalem Ultimate bands Indicator is suggesting that there will be a massive sell pressure in two weeks to come in such a way that the world will wonder how the USD will start falling massively against the CAD. Probably we might experience the semi-crash during this move. Under this forecast we expect that you will manage your capital wisely and take control of your trades. Wish you much success in this one. Don't over trade.
Long
by Piptera-Digital-Solutions
USDCAD - LongI am bullish on USD Fundamentally as they are recovering well from the pandemic I am bearish on CAD towards the American dollar as America has a stronger currency I see a consolidation zone in USDCAD from 2015 and we arrived at the bottom of it this month, my entry was a candlestick pattern that consists of 3 candle sticks 1st candlestick must be a continuation of the current trend with no signs of slowing down 2nd candlestick (Doji) 3rd candlestick - this candlestick is a confirmation of the whole pattern, it must engulf the 2nd candlestick fully with its body and at least go into 40% or more of the first candlesticks body This candlestick pattern can happen both after a descent and after a rally
Long
by Lolek1423
Start dumping the CAD!! Long USDCAD, AUDCAD for 750 pipsSpeculators (Loonie longs) are starting to have a difficult time here to get any more skewed than they already are. (and all for what?!) Also, they are unlikely be able to take too much heat, in what is The Weakest FX (long) positioning in the civilized world, before a spectacular implosion. This one (title chart) is a severe liquidity issue, at best; The USDCAD Weekly; The AUDCAD Long is all about plain (insurmountable) capital flows - i.e. common sense;
Long
by Nemo_Confidat
USD/CAD Technical Analysis.Currently, USD/CAD is trading at 1.3195. The pair is trading in a down trend from some time and now moving towards a key resistance level to start a small up trend. If the pair breaks the small resistance level at 1.3210, it can start a small up trend and touch its next resistance level at 1.3250. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5