Wise Forex & Stocks
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I post stocks and Forex analysis here for swing trading strategy. Mostly higher timeframes.

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πŸ“ˆ U.S. Dollar / Canadian Dollar (OANDA:USDCAD) πŸ“‰

USD falling. Smaller timeframes show possible early bounce, but since higher tf have more "significance", it might fail and keep on falling. Most probably tomorrow will reach ~1.3093 support. After that we may expect a bounce to ~1.3134, but since it was already tested today, bounce may take it higher to ~1.3163. If it won't bounce, next support at 1.306.

@WiseForex #USDCAD
πŸ“ˆ U.S. Dollar / Canadian Dollar (USDCAD) πŸ“‰

πŸ“ˆ Long 1.2991 - 1.2997
🎯 Target 1.304-1.307.
πŸ’© Stop loss 1.2975

@WiseForex #USDCAD
πŸ“ˆ USD / CAD πŸ“‰

Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833

Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.

Targets 1.373 / 1.365

@WiseForex #CAD #USD #USDCAD
Wise Forex & Stocks
πŸ“ˆ USD / CAD πŸ“‰ Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833 Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394.…
πŸ“ˆ USD / CAD πŸ“‰

1) Re-test of 1.383 SR from below. βœ…
2) Targets 1.373 βœ… / 1.365

πŸ’° Profit up to 88 pips

Last post: Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365

@WiseForex #CAD #USD #USDCAD
Wise Forex & Stocks
πŸ“ˆ USD / CAD πŸ“‰ 1) Re-test of 1.383 SR from below. βœ… 2) Targets 1.373 βœ… / 1.365 πŸ’° Profit up to 88 pips Last post: Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then…
πŸ“ˆ USD / CAD πŸ“‰

At smaller timeframes like this chart first signs of reversal. At higher still within downtrend. But that is the bottom of downtrend channel, so we may expect a bounce.

Possible long entries with tight stop loss below 1.3760.
Targeting 1.383 resistance and area above it till 1.386 (50-85 pips)

@WiseForex #CAD #USD #USDCAD
πŸ“ˆ USD / CAD πŸ“‰

USD testing 1.366 resistance for the second time on 4H chart. Got rejected, but so far show bounce from nearest support at 1.36. Potential breakout coming. Nearest targets 1.3714 and 1.377

@WiseForex #CAD #USD #USDCAD
And another setup. This time counting on bullish USD. Now price targets 1.335 zone. If won't breakout previous high will pullback to 1.325 and maybe wick lower. That will be my entry zone (if price action confirms it).

⏰ Setting alarm for 1.325 - will appear here on the channel automatically once that price is crossed.

πŸ”₯ You can trade forex, stock indexes and gold at PrimeXBT exchange with crypto deposit

@WiseForex #CAD #USD #USDCAD