HELLO TRADERS !!! As i can see this pair USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement till design Tps Friends its just an trade idea kindly share ur thoughts with us in comment sessions
Hello 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 made a reasonable impulse from the channel and has currently printed another continuation pattern. looking forward to taking the break outside the pattern and setting my stops just above.
Based on my analysis. The price is close to the first target(TP1), moving and reducing the stop loss by half. Tast's an update.
The price break of the trend, and according to my analysis, the price will have a correction, then we will see a position to buy.
#USDCAD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
I try to buy with small lot 3 days ago. But USDCAD very slow movement and stuck on bottom. Dont forget use Money management wisely If you have any idea, leave comment below and dont forget give like. Thank you
This pair had successful achieve out TP2 in previous analysis now trading near @ minor support so we are expecting this pair will retest the support zone and then we will buy on dips Friends push like and comments Follow us for more updates
FX:USDCAD Price has come to a resistance point in weekly time frame, we want to see if price is going to reject that point and act as resistance and after a retest of that zone we might consider of opening a sell position up to 300 pip target. We are looking for the retest in 1H time frame
Even though our current market is not stable because of the news and dollar keeps going up temporary. I see USDCAD in bear mode and it will fall slowly at our tested resistance if not I am happy to get stopped out. Trade what you see and what you believe.
FX:USDCAD Setup: Double Tops Confluence: CRS Entry: Sell @ 1.3315, SL @ 0.3465 (50 pips), TP @ 1.3250 (65 pips)