USD/CAD SETUP UPDATEHey Guys!
Since the long trade I took last week was aborted due to current price short forming; in this post
I explain how I plan to trade this weekly bias at this point.
I'll keep you guys updated!
Have a great day!
Ken
Usdcadanalysis
USDCAD wait for the reversalThere is limited downside for USDCAD to meet with its trendline and combined with Fibonacci. 0.618 at 1.34925.
Trader should wait for rejection movement in that range and find the reversal confirmation in the smaller time frame.
USDCAD hrly short | Algorithm tradingUSDCAD daily short
shortstop @ 1.35216
TP #1 @ 1.34200 80.43% wr
TP #2 @ 1.32632 41.30% wr
SL @ swing high 1.38620 10.87% hr
WR and HR % Determined by past trades on this pair on this time frame.
More systematic trades like this on my profile.
USDCAD: Long TradeAfter a nice pullback of recent break out from the downtrend, USDCAD is starting to look tired again. Buyers looking to make a first stand. Daily RSI showing short term oversold on the BB. 4H RSI showing down momentum nearing its end. Monthly Pivot point helping as support.
USDCAD BUY and SHORT potential Despite USD news and economy in the country we cant forget about technical behaviors, we have a reached a demand zone that can push price up to local resistance following a potential push down to highlighted area. BUY!!
USDCAD- 500+ PIPS BUYING OPPORTUNITY!!Dear Traders, after creating HH price dropped significcntly due to CAD being extremely bullish. DXY has been bearish and we have no strong bias. As we progress through the week, we strongly believe DXY to bullish which will help USDCAD to continue towards our premium selling zone. USDCAD, SHOULD NOT break this area as otherwise it may test the daily lower low.
good luck!!!
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here I am looking for longs if price continues the retracement and then rejects from bullish order block + institutional big figure 1.35000. My target is buy stop liquidity above old high.
Like, comment and subscribe to be in touch with my content!
USDCADIts update of my last analysis of USDCAD. The price had pullback and broken up correction, so I think the price get back to up as soon as possible.
USDCAD H1Here is my view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD - Bullish Channel at Support- Descending channel at daily support
- 0.5 fib retracement at entry point
- Equal measured move at entry point
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
We think it will go up to the 1.3776 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3300 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USDCAD SHORTUSDCAD broke a triangle and retested it
I expect it to reach the target specified on the chart, with expectations of strength for the Canadian dollar and weakness for the US dollar
USDCAD H1Here is my view for USDCAD on H1. The price could go berasih, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
usdcadi see that usdcad for buy from this point usd cad now at good support that will push it up ...
#USDCADIn continuation of the previous post, we entered the short position,
A head and shoulders pattern is forming in the demand zone. It is possible to wait for the formation of shoulders and neck, and after breaking the channel and pullback, enter the long position to the supply area to the trigger line.
USD/CAD Making Lower High And Lower Low , Short Setup Valid ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USD/CAD LONG ENTRY UPDATEHey Guys!
I just aborted the long entry I took last week. In this post I explain the reasoning for this abort.
Have a great day!
Ken
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.
20 Reason For sell USDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye:
2:📆Monthly:
3:📅Weekly:
4:🕛Daily:
😇7 Dimension analysis
🟢 analysis time frame D1:
5: 1 Price Structure: bearish
6: 2 Pattern Candle Chart: long wick. descending triangle
7: 3 Volume: Bearish is more than bullish
8: 4 Momentum UNCONVENTIONAL Rsi: Range shift from bullish bearish and bearish divergence also here within three candles
9: 5 Volatility measure Bollinger bands: M pattern and start squeeze
10: 6 Strength ADX: bullish yet
11: 7 Sentiment ROC: USD is weaker CAD
✔️ Entry Time Frame: H4
12: Entry TF Structure: bearish
13: entry move: impulsive
14: Support resistance base REsistence upper high:
15: FIB: trigger event is occurred
☑️ final comments: there is a head-fake at BB; overall view is strongly bearish
16: 💡decision: sell
17: 🚀Entry: 1.3763
18: ✋Stop losel: 1.3819
19: 🎯Take profit: 1.3086
20: 😊Risk to reward Ratio: 1:3
🕛 Excepted Duration: 2 days
Intraday SELL usdcad (24 MAR 2023)USDCAD intraday trading alert
3 simple steps to find a quality setup!
Risk Reward Ratio 1:2
Anyone same idea with me?
SELL USDCAD
Good luck traders...
USDCAD LONG POSITIONMy idea is well analyzed on the chart.
Disclaimer
This publication is not financial advice but strictly for educational purposes
Move to the upside incomingEverything indicate that a move to the upside is very plausible. Weekly bullish (retesting a demand area)m daily bullish (creation of a demand) and finally on the 4H which is clearly showing a break of the trend-line to the upside.
This is not a financial advise make sure to make good use of risk management in whatever trade it is you are taking.
