USDCAD SHORTUSDCAD analysis update and I’m seeing it’s going to move for +100 PIPs to the downside ✅
Usdcadforecast
Hunting for the top for USDCAD by PROSHERIFFPlease don't follow this trade it could go really bad lol
USDCAD are you finally ready to short?Hello traders. USDCAD showing the perfect structure for sellers. lets hope it shorts asap. fake out spotted on third touch of trend line, Lower low expected after lower high had been created at the Fake out.
USDCAD Double top formation indication short 1.2710#usdcad, 13th-17th weekly bullish bar formed double top. 20th-24th weekly inside bar range confined within the previous bar range. weekly bar 27th-1st July insurance bar. weekly chart setup indication for weakness ahead for target 1.2710. even if breaks 1.2710 then next level is 1.2570 but 1.2710 is ideal profit taking level, expecting range before break 1.2710 support level.
USDCAD - BIG MOVE INCOMING!If we reject the 1.28687 level will look for longs back to swing highs at 1.30788, but if we can break and retest the level will look for sells back down to the range at 1.26181.
If you agree drop a like and if you have any questions leave a comment :)
USDCAD seems BearishThe market of USDCAD made fake breakout to descending trendline and now moving downside. I believe USDCAD will fall more. Better to look sell opportunity on it.
USDCAD Sell - Downtrend ContinuationUSDCAD Sell/Short, Continuation of Downtrend.
Entry: 1.29454
1) Has lined up with golden level 0.618 Fibonacci retracement level for recent swing high
2) Top of a short term bear flag channel and short term recent resistance
Stop Loss: 1.29834
1) Above 0.786 Fibonacci retracement level
2) Just above some swing highs on Daily Chart
Take profit (3): 1.27059
TP1 1.29044
TP2 1.28235
TP3 1.27097
USDCAD Short With 2 Confluences.
As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure
from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the target is set around the low of June. Risk reward currently stands at 1 to 5.8. Never risk
more than 2% of your account on any single trade.
Confluences:
1: Double Top Pattern Formation
2: Key Level Breakout
USDCAD: Buy dips!USDCAD
Intraday - We look to Buy at 1.2850 (stop at 1.2790)
Previous support located at 1.2900. Previous resistance located at 1.2950. There is no clear indication that the upward move is coming to an end. 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 1.3000 and 1.3025
Resistance: 1.2950 / 1.3000 / 1.3025
Support: 1.2900 / 1.2850 / 1.2800
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USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS USDCAD is currently DOWN. This is because CAD is STRONG. They are currently working to STRONG USD. So it could be STOCKS DOWN again.
But right now USDCAD is going down very well in a DOWNSIDE CHANNEL. We think it will be down to 1.2714 LEVEL again due to some NEGATIVE SENTIMENT given by FED.
However, the USDCAD UP will have the opportunity to return to 1.3189 after the FED MEETING. We are waiting to see how to BREAK the DOWNSIDE TREND LINE.
USDCAD Sell Set UpUpdating last week's chart as I didn't get the LH I wanted. If price can touch 1.86, just tapping into the resistance I'll enter a sell to 1.278. I have my alert set but will check every hour. up until 12pm EST to see what the price does.
USDCAD |New perspectiveThe Canadian dollar appears to be gaining momentum on the back of lower Treasury yields and weaker US data as we head into the new week. From a technical perspective, the multiple rejections of the 1.030500 area in the space of a month further emphasize the strength of the sellers at this juncture in the market hereby raising my inclination for a selling opportunity in the new week. This video illustrates how I intend to take advantage of a bearish momentum as we anticipate the final trading week of the month.
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DeGRAM | USDCAD LLs and LHsUSDCAD is making lower lows on the hourly timeframe.
We are considering selling a pullback from previous resistance zone.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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!
A potential sell opportunity on USDCAD | ShortUSDCAD got rejected at the resistance and began to fall. We also see that the pair created a head and shoulders pattern on lower timeframe which may confirm the bearish move. I expect the market to keep falling with goal to 1.254.
Please support my work with likes and comments.
Jamie Gun2Head Trade - Buying USDCADTrade Idea: Buying USDCAD
Reasoning: Short term support, RSI bullish divergence, looking for a temporary move higher
Entry Level: 1.28700
Take Profit Level: 1.29120
Stop Loss: 1.28510
Risk/Reward: 2.21R
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USDCAD 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!
USDCAD Sell SetupWe are seeing the USDCAD to go down and break the 1.27$ mark.
Let's get started!
(Make sure to hit LIKE!)
If the price hovers around this current market price then soon we will see a long sell which could give us minimum of 200 pips profit
⁉️ USDCAD - Market Analysis Hello traders!
⁉️This is my analysis on USDCAD.
Here we are in a bullish market structure, so I am looking only for longs. I expect now the price to go down to fill the imbalances left below and look for a long if the price rejects from bullish orderblock + institutional figure 1.26000.
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Short ideas for USDCADHello traders we can surely see USDcad going back to major resistance lets wait until it breaks bellow 1.2950 and close bellow that so we can look for sell trades.
