The USDCAD Approaching towards critical pointsThe USDCAD pair succeeded to continuing the bearish trend on the intraday and short term basis, paving the way to head towards 1.3310 as a critical point which if breaks will put additional pressure of selling with mentioned targets in above mentioned Chart.
the bearish bias will be expected in the upcoming sessions
Usdcadlong
USDCADWe are looking at USDCAD buys,
The market seems to have found a temporary bottom for some short to mid-term recovery, there is a possibility for UC to reach our equilibrium area.
Upon reaching we determine according to volume and price action what we do next.
Upon market opening we are looking to enter into buys swings.
USDCAD- 500+ PIPS BUYING OPPORTUNITY!!Dear Traders, after creating HH price dropped significcntly due to CAD being extremely bullish. DXY has been bearish and we have no strong bias. As we progress through the week, we strongly believe DXY to bullish which will help USDCAD to continue towards our premium selling zone. USDCAD, SHOULD NOT break this area as otherwise it may test the daily lower low.
good luck!!!
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here I am looking for longs if price continues the retracement and then rejects from bullish order block + institutional big figure 1.35000. My target is buy stop liquidity above old high.
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USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
We think it will go up to the 1.3776 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3300 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
Liquidity Sweep USD/CADCould we see a rally on the US Dollar after the recent liquidity sweep? This is a low risk trade set up as we will set stop loss tight around 15 to 20 pips below the current swing low point. However, be mindful to adjust stop losses during session turnovers due to spreads being too wide. This is a low risk trade because we are at support levels that if price does break these levels, its more like we have fallen out of the first floor window and not the 40th floor.
#USDCADIn continuation of the previous post, we entered the short position,
A head and shoulders pattern is forming in the demand zone. It is possible to wait for the formation of shoulders and neck, and after breaking the channel and pullback, enter the long position to the supply area to the trigger line.
A possible By position On USD\CAD I saw on 5 minutes Frame an End of wave C on the pair and starting of a new Long pattern From this Zone we may start enter a buy with good money management a 2% from total account for a 1:2 deal
stop loss 20 points
take profit 40 points
have a great day and i will keep the deal update
Move to the upside incomingEverything indicate that a move to the upside is very plausible. Weekly bullish (retesting a demand area)m daily bullish (creation of a demand) and finally on the 4H which is clearly showing a break of the trend-line to the upside.
This is not a financial advise make sure to make good use of risk management in whatever trade it is you are taking.
USDCAD - Long active ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price fiiled perfectly the imbalance and rejected from bullish order block.
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USDCAD Weekly ProjectionBased on previous price action, i expect price to get to the resistance zone of 1.46398 it has touched twice in the past before probably pulling back into the weekly consolidation or if their is strong momentum, the price may breakout of the resistance and began a multi-year bull trend which i doubt.
What's your projection