🟢 USDCAD - 4H (09.11.2022)🟢 USDCAD
TF: 4H
Side: Long
SL: $1.33873
Entry: $1.34289
TP 1: $1.34867
TP 2: $1.35481
TP 3: $1.35978
USD is gaining strength again so it's time to start buying it.
Usdcadforecast
USDCAD ON BULLISH RALLYGood day traders
As we are looking at USDCAD, we can see it on a bullish uptrend on a weekly market, and we go to one hour chat we see it playing around the trend giving us a signal to buy it, going to 4H chat we notice the market giving us a double bottom and also retesting our entry points.
USDCAD - Short bearish orderblock ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.35000.
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USDCAD Breakout Long! USDCAD was trading below
The falling resistance but now
We are seeing a strong breakout
Which makes me expect
The price to further up
USDCAD SELL LIMITGood day everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDCAD sales 1.3360 and 1.3400. CT 1.3460. Risk 1%. Sale from the bottom edge of the weekly center and the day edge of accumulation. The first target is standard and global target to break through area 1.3220 and leave at 1.3120.
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USD/CAD likely to move up!Hey tradomaniacs,
USD/CAD has tested a strong key-support-zone which is the breakoutzone of the current major trend.
The oderflow looks bullish so far in the small timeframe, so I will give it a long trade but ofc with aggressive management until we see a break out of the current consolidation.
What do you think?
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.
USDCAD channel breakout We have a retracement to our daily order block, followed by a beautiful double bottom on the 4h timeframe. Quite inquisitive on how this current candlestick closes, looking for an ascending third bullish candlestick to give us Three-White-Soldiers. The 1h timeframe has given us yet another demand indication, we’re strongly looking for buys. As we to M30, we have a clear Harmonic Pattern formation.
USDCAD is ready to go longUSDCAD has just finished a downtrend after a clear breakout. A new trend is starting and the target is now 1.3550.
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
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD STRONG as OIL is quite STRONG and USD is going DOWN a bit with RATE EXPECTATIONS SLOW. Also, MARKETS RISK has been ON again due to this reason. This time the US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is going DOWN.
USDCAD MARKET is currently DOWN due to US DATA and UPDATES being NEGATIVE and MARKET SENTIMENT being RISK ON. We think it will go up to the 1.3570 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.2800 LEVEL in the future.
In any case, there will be an opportunity to SELL USDCAD up to 1.2800 LEVEL. We wait until the DOWN TREND CONTINUES. MONDAY may be RISK ON again according to MARKET UPDATES. So follow the given STRUCTURE. It is seen that the OVERALL MARKET SENTIMENT has become POSITIVE.
USDCAD ANOTHER $)) PIPS BEARISH MOVE COMINGwe analyzed and got profit 400+ pips recently
now expecting another 400 pips bearish move wait for retest and enter on successful retest
USDCAD BuyThe market of USDCAD is near to its demand zone. Wait for the rejection on demand zone then take buy position on it. If market gives breakout to its demand zone then dont try to buy it.
USDCAD Bearish Bias!USD-CAD was trading in an uptrend
But now we are seeing a bearish breakout
Of the rising support line
So after the retest of the horizontal resistance at 1.38093 above
I think the move down is likely
USDCAD 1:20R:R 500PIPSThis for Long Term
Divergence IN RSI.
Before entering trade do your own research.
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.
USDCADYou can wait for price to pull back up to 1.350 before selling and placing your stoploss just directly on the resistance @ 1.3540. And your TP1@ 1.3353, TP2 @ 1.3153
If the resistance breaks @1.3540 you can change you bais to BUY
For the buys ; if the resistance @ 1.3540 breaks and price continues to trade above that level you can go long from 1.3540 to 1.3700
Then from 1.3700 expect the drop back down
USDCAD possible sell zone!!USDCAD 4h, After NFP release USDCAD has changed it's uptrend to downtrend on the lower timeframe. As the price has broken down with a strong momentum, currently the price retracing to the previous resistance turned support. It is highly likely price will test the 20EMA on the 4h and will bounce off. Upon rejection a sell trade is high probable targeting monthly support level.
Update On USDCAD SELL 450 Pips Profit & CountingA quick update on the SELL position from the other week the trade has been running nicely and is approaching the first target of 1.34 have closed 50% of position and moved STOP loss to 1.37.
Read the related post to see how I spotted this trade setup
USDCAD Nov 07 2022USDCAD
Selling opportunity.
Price made a break of structure on higher time frames.
Now we wait for it to approach our Supplly zone.
USDCADso this is a tricky area for cad the main thing is the trend is down so im looking and waiting for sell setups at the moment
now with that being said there is equal lows meaning theres a nice amount of liquidity resting below 1.34600 area so im looking for break of that for a sell or for buyers to push price up to retest that trend line area possible even retest the orderblock for a nice move down just have to wait for the setup to break structure to the downside b4 getting in
