In todays session we are monitoring USDCAD for selling opportunities. Our entries are at current price 1.37552 and our targets at 1.36689 and much much lower. Our stops are at 1.37820. This will be a great opportunity to short the dollar. Use proper risk management.
Hello,Traders! USD-CAD went up from the Local lows and will soon Hit a horizontal resistance Level of 1.3383 from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Possibilities of price reversal from resistance areas
H4 - Price has broken below a strong support zone. After the breakout this strong support zone is acting as a strong resistance zone for us. Lower lows. Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
You can Sell USDCAD, Get More Ppofit. God Bless You all.
Price is on order block and touching the upper line of triangle and should fill the Gap
USDCAD we found Distribution Schematic # 1 + posible it may complete our Harmonice (Crab Pattern) like follow plz not financial advice
Hello,Traders! USD-CAD was trading in an uptrend For a long time and the pair was Clearly overbought so after the pair Established a triple-top pattern The price went down and broke The local key level signifying The beginning of the bearish correction Which I think will continue Sell! Like, comment and subscribe to boost your trading! See other ideas...
Hey everyone please let me know your thoughts in the comments.. I'm staying clear of USDCAD until be get a bit more direction so next week ill update if I'm looking at taking positions.
✅USD_CAD went up to retest a horizontal resistance Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
H4 - Price is bouncing lower from a key resistance zone. Bearish convergence. H1 - Bearish trend pattern. Until the key resistance zone holds I expect the price to move lower further in the short term after pullbacks.
Found a Tripe Top in the market on the 4 HR USDCAD with a sell entry to T/P of 9 pips and an S/L to entry of 32 Pips. For FMI (Forex Mastery Institute).
usdcad price reach at order block zone you can sell usdcad with proper money managment... this is not finicial advice.... profit or loss both are yours.. good luck
The trend is still down for this pair. M15 is OB and we are aiming for the bottom for the pattern.
USDCAD is currently at an overbought zone and I'm looking short with a good R;R
We are currently seeing sighns of weakness below support On the CAD and we can enter with a good R:R