-
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
-
Time Frame - 4 Hour
Currency pair - USD/CAD
Buy @ - 1.3123
Stop Loss - 1.3065
Take Profit - 1.3185
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
-
The USD/CAD pair found resistance at 1.3160 and dropped to 1.3101, reaching the lowest level in seven months. So far it has been able to hold above 1.3100, but under the relevant technical level of 1.3140. It is trading at 1.3120, down 25 pips for the day.
The loonie gained momentum despite the recovery of the US dollar following the new framework announced by the Federal Reserve. The central bank adopted an average inflation target. Powell ward that inflation overshoot will be moderate.
-
we predict future values with technical analysis for wide selection of Forex currency pairs like USD/CAD. If you are looking for Forex pairs with good return, USDCAD can be a profitable investment option. USD/CAD rate equal to 1.312 at 2020-08-28. Based on our forecasts, a long-term
-
USD/CAD picks up bids near 1.3130 during the early Asian session on Friday. The loonie pair refreshed seven-month low the previous day before taking a U-turn from 1.3101.
Even so, a short-term descending channel and the pair’s sustained trading below the key 200-bar SMA keeps the sellers hopeful.
As a result, any upside below 1.3175 level, comprising 200-bar SMA, becomes ephemeral to be considered. Though, the pair’s break of the channel’s resistance, at 1.3150 now, can offer mild push to the north.
-
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Must follow money management system
-
we predict future values with technical analysis for wide selection of Forex currency pairs like USD/CAD. If you are looking for Forex pairs with good return, USDCAD can be a profitable investment option. USD/CAD rate equal to 1.313 at 2020-08-28. Based on our forecasts, a long-term
-
Today Market Trend is = BUY
Current position and previous position indicate the market going up
Support or resistance point be market k up honey ka ishara day raha hai
Is liya ham ko buy ki Trade laga dani chahiye
-
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
-
hello my dear sir today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye,,
