USDCAD Uptrend Long!USD-CAD is trading along
The rising support line and the pair
Is about to retest the support
So I am bullish biased and I think
We will see a bullish rebound
Usdcad4hr
USDCAD 3h longI welcome my dear fellow readers and traders to my next analysis.
We are going to see if the USDCAD will rise or if it is likely to fall further. When can you buy or is there any possibility of such a drop? When to exit? What is the reason to buy? These things we will see in this post.
I saw the chart and now it is in a good place to go for a long. Although stocks have fallen sharply now, the space still has the potential to withstand further damage. If you look at the 3h chart, there is little change in price from 1.34703 to 1.33839 range. So, the market remembers this price and keeps the price change in this range.
So, buying this stock at this location is the right decision. But there is also a chance to break this cycle if the stock distribution is high.
Look at the chart attached for a better clarity. Perhaps, I had in my mind that if the price closed from 1.34703 to 1.33839 range, then I can enter. Now the price has closed as expected within this range. Now it is time to go long a for a while.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
FOREXCOM:USDCAD
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
Usd/Cad May go short { Pitchfork} (3rd December 2020)Disclaimer:- Educational Analysis says Usd Cad may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Short?
Because the 4 hr trendline(backline) is been respected twice.
For Additional Confirmation on this trade. you may go for 15 min tf and pitchfork tool may help you to this analysis in more disciplined way.
USDCAD is ready to go shortThe dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone.
The price will not be able to be maintained above the 1.36 level.
USDCAD Breakout Long!USD-CAD was trading in a downtrend
Below a falling resistance line
But a bullish breakout happened
So I am bullish now and I think
The price will go higher
USDCAD Resistance Cluster!USDCAD is trading in a downtrend
And the pair has retested a resistance cluster
From where we are already seeing
A bearish reaction so I think that the price
Will go lower still
USDCAD (11/25/2022)Hello Dear
this is my ideas
Open Position : 1.33650
Take Profit : 1.38000
Stop Lost : 1.32031
Leverage : 50
PROFIT : 150 PERCENT
Best Regards.
USDCAD Breakout Long! USDCAD was trading below
The falling resistance but now
We are seeing a strong breakout
Which makes me expect
The price to further up
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis
USDCAD Demand in Control?This is for short term
And this is risky too.
Please DYOR before entering the trade.
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD sell the breakdown!!USDCAD 4h has formed a strong reversal pattern on the lower timeframe and the price currently breaking out of the previous support zone. As the market is over-extended, it is highly likely that USDCAD will reverse from this zone to test long-term monthly resistance turning support. Before, reversal, we could see a long spike to the upside and, upon rejection, a sell trade is highly probable!
Press the like button if you enjoy this content!!
usdcad ready to reversal are you ready ?usdcad ready to reversal are you ready ? i m expecting bullish move short term
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is going up quite a bit right now. That's because OIL is down quite a bit and POWELL'S HAWKISH COMMENTS UPDATES came. They have been working to make USD STRONG in recent days. Due to this reason, STOCKS can move DOWN SIDE if the USD becomes STRONG like this.
Right now, there is a very good BUY towards the UPSIDE because US DATA and UPDATES are POSITIVE. We think it will go down to the 1.3320 level before going down again with MARKET RISK ON SENTIMENT.
Somehow USDCAD will likely SELL up to 1.2827 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN. usdcad
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/CAD SELL NOW...
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
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USDCAD Idea H4Here is my view for USDCAD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
