Usdcadbuy
USDCAD shaping for buys off support No trades yet on this pair, just a bit of an overview and what ill be looking for if it can shape its self nicely...
USD/CAD, forming a new Higher Low? Fibonacci magic timeThe sentiment is clearly bullish, no discussions. After a massive bullish run last week, a huge correctional move was simply inevitable. As it can be inferred from the graph, the price is wandering around the 0.5 Fib retracement level. We will wait for the price to form a nice Lower Low bottom before opening Buy positions and aiming for the previous Higher High
USDCAD W4 Aug 2021USDCAD
Long Setup
Continuation trade:
👉🏻 As mentioned, Wave-3 will extend to 2.618 once 1.618 is broken. Now we may wait for a corrective move to complete Wave-4. Potential pullbacks are marked above, which are also levels that the previous high may act as support.
USD/CAD Signal LONG TRADE IDEA✅ USDCAD started to grow steadily since the beginning of the week and faced the resistance line (1.2630).
🔺 I assume that the price will return to the trendline (1.2540), then continue to rise to 1.2750.
🔻 A breakdown of the price below 1.2460 will mean a trend reversal.
USDCAD 1D TF : Long-term analysisAs we can see, the price has lost its long-term downward trend in daily timeframes and is rising. It is now in a small uptrend channel and we assume that the price will maintain its support level and move towards the specified target.
What do you think about it ?
LongBullish intent loading. Price broke a major support level. Tested the fib level. Checking the cot USD is looking quite bullish with more longs been added.
USDCAD ANALYSISWe see this pair moving sideways although the bounce from 1.25400 is still clear.
We could eventually see continuous upsides from here. What would we do?
We wait for price to return to the clear support, show signs of rejection and a bullish candle in the overall trend.
Or we'd wait for price break above its current level, and then we'd pick long entries.
USD/CAD Long Positions STACKING! This position is USD/CAD for the buy with our first take profit at 0% and second take profit at -27% extension. On the 4hr time frame we see bullish engulfing candles off our key golden area. On top of that we are above 200EMA and on the 1 hour time frame we have a key retracement zone with multiple bullish engulfing candles as confirmation for our overall trend direction.
Monday: USDCAD - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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H4 is in BullishOn the H4 chart USDCAD successfully breakout its trend line and hoping to hold above the trend line to reach its goal.
USDCAD 15MIN TIMEFRAME ANALYSIS (BUY) We consider to buy this pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDCAD-Long#USDCAD
The analysis is done in the 4H timeframe.
The market has recently broken out of the falling wedge and retested it to validate the pattern break. Now as After NFP news dollar has been strong and our pattern also suggests a bullish move to the upper resistance likely to form a double top.
💡Don't miss the great buy opportunity in USDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2515).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 1.2602
TP2= @ 1.2646
TP3= @ 1.2731
TP4= @ 1.2787
TP5= @ 1.2872
SL= Break below S2
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Now, It's your turn!
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💡Don't miss the great buy opportunity in USDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2515).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 1.2602
TP2= @ 1.2646
TP3= @ 1.2731
TP4= @ 1.2787
TP5= @ 1.2872
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Usdcad head and shoulderthere is a head and shoulder pattern in USDCAD h1 market is strugling near its trendline and support.
USD/CAD Signal LONG TRADE IDEAUSD/CAD Signal
Market Buy: 1,25120
Stop-Loss: 1,24500
Target 1: 1,25850
Target 2: 1,27600
Stop-Loss: 62 pips
Risk: 0,5%
Risk-Reward: 3,94
Thursday: USDCAD - Week 31Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: USDCAD - Week 31Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
usdcad sellusdcad sell :
Reasons :
1)its below my yellow ema line and other 2 ema lines indicates down trend
2)have a pattern trend in 4h tf
right now its at support level so will show some deflections
risk/reward : 1:2
take profit : green line
stop loss : red line
