Usdcadbuy
USDCAD 260 Pips bullish run expected. Will it reach Sep high?USDCAD
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Trend line bounce, Break and retest around 1.31500
2️⃣ 1.32500 Price action level-Dynamic support
3️⃣ Risk off mode and Rising of virus infections, Falling of Oil- WTIUSD prices
4️⃣ 1.34000 Key psychological resistance
5️⃣ Price Movement within the broader upward channel
6️⃣ Parabolic move was expected from 1.31000 to 1.35000
7️⃣ Technical support - Bear
8️⃣ Minor Bullish Trend
9️⃣ September high Immediate resistance
🔟 Strong DXY- Upward pressure- Negative for CAD
#️⃣ Overall bearish trend
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📉 Technical bias-H4-Bullish
Above200 Exponential moving average
200EMA acting as immediate support - Bullish trend
Possible entry point-1.32600
Relative strength index - 50> Above neutral area. RSI trend line support
MACD -Felled below the middle line, Red zone territory, Oscillators pointing downward
Stochastic -Around neutral area -Short term bullish trend
Ichimoku cloud -cloud is turned green-Cloud Support
Bollinger band- Price is around higher band-Middle band acting as dynamic support
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Key reversal area's
1.34000 Key psychological level
1.34160 September month high
1.32510 Dynamic support and resistance
1.36000 Key psychological level-Major key reversal area
1.31200Lower trend line reversal area
1.132510 Possible entry- Bullish
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Bullish entry #USDCAD
Entry price - 1.32520
Take profit 01 - 1.33500 (100 pips)
Take profit 02 - 1.34150 (165 pips)
Take profit 03 - 1.35150 (260 pips)
🚫 Stop lose 1.31940 (55 pips)
Alternative bearish entry-1.34170
⬇️ 2.0% Growth expected
⤴️ Account growth 0.45 : 2.00
✅ Risk reward ratio 1 : 4.2
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USDCAD 2-6 NOV 2020last week this was our trade of the week.
This week expect another push higher wait for pullback into supply / buy zone
USDCAD buy on retest USDCAD has made a big move to the upside today breaking the daily and weekly resistance. There will be a good opportunity on USDCAD if the market goes and retests the previous daily resistance and makes it a support level before continuing higher. From that level, we can look for a long on USDCAD.
USDCAD LONG / Expecting a solid reversal for the 38.2% fib!Normally we are day traders... but in some cases we do leave trades over night. - This is one of those trades.
USDCAD is showing excellent indications of a reversal.
RSI over-sold.
2m - Contraction
38.2% fib lines up with a support level
USD/CAD Technical Analysis
The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
Now, it has taken down a bearish trendline as well.
Hence, we expect the pair to be bullish in the short-term.
USDCAD - SWING - 20. OCTO. 2020Welcome to our weekly trade setup ( USDCAD )!
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1 HOUR
Price indecision right now, expecting another push to the upside tho!
4 HOUR
Overall bearish market about to turn bullish.
DAILY
Good price action after pullback.
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FOREX SWING
BUY USDCAD
ENTRY LEVEL @ 1.31610
SL @ 1.31080
TP @ 1.32410
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USDCAD SWING TRADE 16-Oct-2020USDCAD-Technical analysis
^ Trend reversal
^ Downside pressure
^ Minor pull back - Bearish correction
^ Upward momentum
^ Fundamental support for USD
^ Technical support for CAD
SWING TRADE-USDCAD
Buy Entry @ 1.31580
Take profit @ 1.33240
Stop lose @ 1.31080
70 Pips target R:R 1:1.5
💌 Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day guys 💝
usdcadusdcad is on a downtrend.
what i am waiting from this pair is a retracement at fibb levels 0.5- 0.618 cuy it looks over-extended.
If this happen i will look for sells with target Demand zone 1.30000
USDCAD CHANNEL CONTINUATIONI think this pair is going to advance through the channel and it is supposed to go long for some time until it reaches the top part of the channel . Any thoughts leave in the comment section
USD BUY IDEALooking for Buys on USDCAD. Wait for price to dip 10-15 pips for a better entry so theres less drawdown. Could enter now & still have good risk to reward so I'm staying out for now.
Manage Risk & Good Luck!
Pip Hunt Safely!
USD/CAD TO 1.35000USD/CAD fib retest to weekly support.
Break above previous week highs then to 1.35000. 🚀
Continuing weekly trend.
USDCAD LONGI believe this pair is in an up trend with the dollar 💵 index DXY. USDCAD pulled back last night, so I’m going to try and join this continuation.
USDCAD 1H-TIMEFRAME ANALYSISUSDCAD 1H-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for USDCAD
My idea is that the pair will continue to uptrend
targets
1.352
1.364
I hope my idea is clear
Support me by like and share
Good luck
USD/CAD: positional swing LONG tradehi !
all the analysis turned into the trade in the chart.
the wide stop is to ensure that the play goes on and leaving strengthening (=adding longs) in case goes lower the coming few sessions.
I do expect the target to print still this month.
check the trade every 8hrs and adjust size accordingly. if lower than entry add if above entry reduce risk.
any questions?! - contact me
good luck !
USD/CAD - Break & RetestPrice has formed a break and retest. We are looking for buy entries if support holds area.
USDCAD is fighting with 1.32000 levelUSDCAD
The price is trading below the 1.32000 which is currently acting as a resistance for the bullish run. In one hour the price is also trading above the 50,100,200 exponential moving average is a clear sign of continuation of bull.
On volume profile the price is also above POC – Point of control. On Elliott wave pattern currently third wave is forming.
From sep low 1.2993& the uptrend trend line is holding this pair. At 1.31600 bullish engulfing candle is formed.
We can buy this pair at current level and the potential take profit will be 1.32700. SL may place below the trendline.
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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
USD/CAD TO 1.33500If we have a pullback this week by Wednesday, we can expect to see a huge upside push tapping the weekly level of 1.33500. (Fib retracements)
