H1 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks in the short term.
H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds my short term view remains bullish here.
Annotations on the chart News shouldn't really be impacting price action but sure as heck moves it. 4 weeks worth of shorts in the market for an explosion during Canada's CPI news on Tues. Last Fri was first green day. Looking at the Asian session or the following days for a potential buy at the 50's @ H1 supply and will hold if price sustains bullishness -- that...
-fundamentally we have a strong USD compared to CAD considering the banking crisis stabilizing and predicting a higher chance for a soft landing for the fed -on the technical side : we have reached a a key level in the Daily and the 4H timeframes , RSI divergence in 5\15min timeframes, double bottom break in the 15min timeframe
USDCAD reacted off the demand zone. You may choose to enter now or or wait for a pullback to the LTF demand zone. My stop loss will be below the demand zone at 1.36741 My profit target will be 1.38606.
the price in usdcad was incredibly unclear no clear directions on all time frame. in this video w try to solve the mess have a good buy setup
Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned area and looking price action for a long position opportunity GOOD LUCK.
usdcad ready to reversal are you ready ? i m expecting bullish move short term
Welcome back to another video, today's video is about analysing the NASDAQ (NAS100) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend). P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
#USDCAD, strong upward trend. I've highlighted its Demand Zone, rush and make some profit. Until 1.28380 breaches, you have a perfect opportunity to place buy orders. Happy Trading.
Quick one! I have come to notice the indecision phase that is currently emanating from a demand zone around 1.26 area which has a strong memory for buying power. And this phase appears to be evolving into what looks like a reversal structure as the price continues to reject 1.25750 (3 times). Risk Disclaimer: Margin trading in the foreign exchange market...
Usdcad - Daily - price pulled down to a monthly demand zone and now looks set to reverse back to the upside and give us a 300-400 pips rally. Lets ride it
We consider buying this USDCAD 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.
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...
last week usd cad broke a very important resistance zone and now market is back at the broken structure to retest the area as we can all see a double bottom on H4 on demand zone it indicating a good area to buy look for bullish confirmation on lower time frames and enter long with your own money management always remember patience & discipline are the keys...
Usdcad - H4 - After a prolonged downtrend on this pair we are now seeing some consistent bullish continuations on H4 timeframes on usdcad so we can jump in with this bullish trend at the next pullback.
Disregard the previous ("EURJPY - LONG; Buy it up for 400 pips!") post!! - It was mean to be this one - USDCAD Long. The Weekly;
This one is the worst of the worst. The RBC couldn't steal, print or borrow one more dime - not even a Canadian one - even if their lives depended on it. (Which it just might) Whom are they kidding?! Ride it up like a rented mule! Chances are .... .... this isn't coming back much, if at all.