USDCAD LongHello traders, this is my opinion on what will happen next on USDCAD .
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Price is now trending in accumulation area and clearly looking bullish.
USDCAD now consolidating on support @ 1.24900 and will rise, so best buy scenario is "buy now" as trend line support area is getting stronger.
I expect the price to rise as it already reversed the trend last week. My goal is price to reach resistance @ 1.26000
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Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position.
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My TradingView Community if you like my idea, please like and follow for support.
Also if you have any opinion please write in the comments, always open to new ideas.
Thanks for passing by and have a good day traders!
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Usdcadbuy
USDCAD LONGUSDCAD - new forecast (nr1)
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This is my expectation on USDCAD this week, i think from next week we will see a bullish trend.
Now price had dropped to a strong support level @ 1.24750 where it will stay this week.
Best buy scenario is to wait for price to settle around support level @ 1.24750 before going long on this pair.
Hopefully we will have a bull chart this months and a good algo trade.
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This is just a note for myself for the next coming week, updates will come along daily.
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Please use small lots if you gonna trade on this idea!
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Please like, comment and share if you like my idea.
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USDCAD LONG - Buy Entry - H4 ChartUSDCAD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: USDCAD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Resistance @ 1.29439
Resistance @ 1.28315
Resistance @ 1.26605
Resistance @ 1.25930
Support @ 1.24867
Support @ 1.24557
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USD/CAD BULLISH 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.
PLZ! LIKE COMMAND AND SUBSCRIBE
USDCAD >Buy if TBox BreakUp (Resist) Tf Hourly or BO Mid Band 4HUSD-CAD
Weekly > SideWay > Mid Area
Daily > OverSold, at Bottom
4H > OverSold / #GreenArea (Wait for Miid Band BreakOut)
1H > SideWay
#Note: Ready to buy long on Tf Hourly & 4H:
Buy if TBox BreakUp ( Resistance ) Tf Hourly
or
Breakout Mid Band Tf 4H
(More Komfom Wait for Breakout Miid Band Tf 4H)
#iQTrader #SaDis
#Fx #FOREX💰
#ChartDiscountEverything
USDCAD SHORTS 📉📉📉📉 Expecting bearish price action on UCAD as price is in a bearish market strucutre on a H1/H4 basis. Strongly bearish there as USOIL should rise and CAD should rise as well meaning DOWN on USCAD, we have also the imbalance bullish somewhere around 1.26500 that should be filled.
What do you think ? Comment below..
USD/CAD LONGPrice Is In A Strong Channel Approaching A Strong Support.
Price Broke Back Through Our Resistance To Continue In The Channel.
Fib Levels Being Respected On Daily Timeframe.
Potential Double Bottom Forming.
** I will be waiting for a double bottom reversal pattern around the 1.26833 if this does not succeed I will then look to enter around 1.26657 given the right candlestick patterns form.**