Usdcadlong
USD/CAD :: The downward trend continues !!!USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
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USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Analysis USDCAD : 📅 1/23/2023Analysis USDCAD :
With the formation of a side way and weakness in the downward trend, we can expect to move towards the specified goals.
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price: 1.33800
sl: 1.33150
tp1: 1.34330
tp2: 1.34940
tp3: 1.35700
tp4: 1.36340
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👤 Alireza hajighasem : @alirezahajighasem
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📅 1/23/2023
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. Further I see price to go higher to fulfill that imbalance and look for a short if price rejects from bearish orderblock.
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USDCAD - Daily Trade Idea - 17-Jan-23USDCAD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to 1.3494 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USDCAD Trading Plan - 13/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up from these levels.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDCAD - Short from 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 make the retracement to fill that huge imbalance higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!