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USDCAD: Closing Wedge attempts to Crack Pattern

 

USDCAD: Attempting to SET a Thrill

The USDCAD is at a greater disadvantage as crude oil represents Canada’s largest export income and the geopolitical tension in Libya and Iran, together with the US prohibition on sixteen Saudi Arabians. 1.3285 could, however, limit the immediate declines of the pair, unless the support of 1,3220-15 is noted. In the event of daily closing prices decreasing below 1,3215, 13190 can serve as a validation to support 1,3120. Otherwise, recent rises of around 1,3400 could confine the pair upside to a slender trend line of about five weeks. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please […]


USDCAD: Ascending Wedge Raising the Price Mark.

Hello traders, In a 4hr time-frame, USDCAD breaking a small ascending wedge to fire an impulse to overtake the bull zone. Cracking trend marking the possible price hike in favour of USD. In spite of long term concern, the pair could target Bull mark 1.34888. Alternatively, the Canadian strike could over-play with USD in that case-pullback will change the trend. Hit like, comment and follow for profitable trades. Happy trading. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it […]


USDCAD: Head and Shoulders Falling to raise

  Taking into account the USDCAD trading pattern since January 04, the pair forms an inverse head and shoulder chart pattern. According to the formation, a successful break over 1,3315-20 neckline area could fuel the pair to 1,3665. However, the 1.3370, the 1.3495-1.3500 & 1.3570 could offer intermediate stops during the rise. Alternatively, 1.3240 and 1.3210 are probably nearby supports for the pair, breaking which 1.3065 may return to the chart. If prices continue to trade in the south after 1.3065, around 1.2970 can return to the radar of the Bears. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything […]


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