USDCAD possible short for 1.2720weekly chart making lower low and lower high. 1.2870-90 initial supply zone if fails to hold then supply zone for short 1.2925-50. stop loss 1.2960 target: 1.2720
Usdcadforecast
DeGRAM | USDCAD descending channelUSDCAD is moving in a descending channel.
Price action is testing a resistance level.
We might see a short-term pullback.
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Jamie Gun2Head Idea - Selling USDCADTrade Idea: Selling USDCAD
Reasoning: Price stalling near trend line resistance, current trend remains bearish
Entry Level: 1.2874
Take Profit Level: 1.2760
Stop Loss: 1.2901
Risk/Reward: 4.22:1
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movement of usdcadI think this support is strong and the next move will be up
Of course, it reacts to the upcoming resistances that i show them
2X UCAD 1D Tech. Analysis!Possible falling wedge reversal on USDCAD 4HR/1Day! We will WAIT PATIENTLY for this reversal. USDCAD is coming out of a bearish triangle (WEEKLY) with a fake brakout to the upside to test the (MONTHLY) OB @1.32000 area. It has broken the short-term bull trendline and seems to be creating a HEAD & SHOULDERS pattern on the DAILY! We will play the Right shoulder Buy formation, and then play the Sell of the Right shoulder going down!
USDCADCould we still see a continuation of the bearish sentimet of USDCAD?
With possible recession questions asked within the US and a reported strength in the Canadian economy, anything is possible.
However, from structural bais, trend has been bearish with successive BOS of demand zones, could a possible entry be taken then?
USDCAD sell potential 📉GBPNZD alert has just presented.
Reversal trade identified and entered.
Trade in slight draw down at moment but lets see where it ends up.
Working 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Fancy knowing how I identified this trade you know what to do.
Thanks for looking
Darren🙌
USDCAD possible breakdown?USDCAD (4H) has been rejected monthly resistance. As the price was moving along an upward channel, the price is likely to drop back to the support zone. Currently, on 4H we see a head & shoulder with double Doji, possible breakdown ahead?
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USDCAD preparing for a big dropUSDCAD ( Daily) has created a head & shoulder on the daily and strong bearish price action. It is highly likely that it will have a big drop in the monthly support zone. As per price action shown on the daily, we have seen back-to-back 2 bearish engulfing has formed. Also, we have 10EMA and 20EMA cross-over on a daily time frame. We could see a potentially larger drop in the monthly support/trend line. A selling opportunity may arise later today!!
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2707 USDCAD looking up with support validHello traders,
USDCAD is testing a support zone on 4h chart.
It could be a good positionn to open buy on 4h chart.
GOOD LUCK !!!
LESS IS MORE!
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 retracement and then bearish continuationI am going to sell it at the resistent zone ...
I hope you fine this beneficial, if so please like and comment below
⁉️ USDCAD - Market AnalysisHello traders!
⁉️This is my analysis on USDCAD .
Here we are in a bullish market structure, so I am looking only for longs. I expect the price to continue the retracement to fill the imbalances and if the price rejects from bullish orderblock + institutional figure 1.26000 I will open a long position.
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USDCAD forecast Every thing is in the chart. Now you can look for a long position. TP1 is 1.3045 and TP2 is 1.3137
then we can wait for short position in there (two red order blocks on the top). TP1 for short positions is 1.2685 and final TP is 1.2619
good luck
USDCAD Idea H1Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD SELL 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 short is valid 💲🍁USDCAD short trade in progress.
Reversal trade identified.
Working H1 timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Let's see where this trade finishes up.
Thanks for looking
Fancy knowing how I identified this trade you know what to do.
Darren🙌
USDCAD: Buy dips!USDCAD
Intraday - We look to Buy at 1.2900 (stop at 1.2840)
Previous support located at 1.2900. Previous resistance located at 1.2950. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.2950 will confirm the bullish momentum.
Our profit targets will be 1.3050 and 1.3100
Resistance: 1.2950 / 1.3000 / 1.3050
Support: 1.2900 / 1.2850 / 1.2825
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USDCAD - BACK TO HIGHS FOR THIS ONE!As long a price holds 1.28500 will be expecting a bullish swing back to swing highs at 1.32224.
If you agree drop a like and if you have any questions leave a comment:)
USDCAD Trading RangeA series of broken structures have yet presented a possible trading zone on the USDCAD. Close watch of price action and further printing of structures will help us determine which direction the market is headed to first.
A little disclaimer also about these marked our supply and demand zones is that they are not absolutes. They are only marked out using information printed so far, if there is more reasons why any of these zones won't hold, I will react to that market scenario hence take note.
Feel free also to drop your view on the pair also for engagement.
USDCAD trading planbuy if candle not close below area, and sell candle inside area (wait for rejection on lower timeframe).
Beli jika candle tidak ada yang close dibawah area dan jual jika candle masuk ke dalam area (tunggu rejection pada timeframe kecil)
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is currently DOW. This is because the CAD is quite STRONG and the US CPI DATA is quite MIXED. Currently, MARKETS OVERALL RISK is being ON. For that reason, we see that CAD is becoming quite STRONG. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, STOCKS can go down again according to US ECONOMIC DATA this week.
But right now, USDCAD is selling quite a bit. Because USDCAD was BUY very fast in previous days. That's why now USDCAD CORRECTION is going on. Anyway, based on the price of USDCAD, we think that it will go back up to the 1.3220 level due to some market sentiment given by the FED and ECONOMIC DATA.
Either way USDCAD SELL opportunity will return to 1.2720 most likely after FED MEETING again. We are waiting for the DOWNSIDE TREND LINE to BREAK.
USDCAD BUY UPTREND TRADE IDEAUSDCAD gets bullish momentum. Re-entry opportunity for continuation of uptrend.
