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Usdcadlong

USDCAD Buy Opportunity- I am expecting some bullish pressure of the USD this week. - Price may may a final bearish push that may create a bearish reversal pattern, testing the below area of support - From there price will test the previous area of support which created the above head and shoulder (or triple top) before it broke below. -This move is just a retracement to test that area before possibly dropping lower. -Looking for price to test the 1.35 area. Please, like or comment your idea/analysis !
Long
by NoCeilingsTrading
USDCAD - Daily Trade Idea - 10-Nov-22USDCAD (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.
Long
by onelinkFX
1
USDCADso this is a tricky area for cad the main thing is the trend is down so im looking and waiting for sell setups at the moment now with that being said there is equal lows meaning theres a nice amount of liquidity resting below 1.34600 area so im looking for break of that for a sell or for buyers to push price up to retest that trend line area possible even retest the orderblock for a nice move down just have to wait for the setup to break structure to the downside b4 getting in
Short
by wolf_pack
1
USDCAD buy and sell areas LONG TERM!Looking on the daily we can see that price is proven to struggle around the 1.38 resistances so I have highlighted that as a nice long term short area... BUT also price has broken the long term bullish structure with the USD bulls stepping back in can we see a push push higher? (I have 1.35 highlighted as a nice buy zone which is also previous lower high). Fundamentals for both USD and CAD today so be careful entering any trades around these times! Also this is just my opinion so make sure you do your own analysis as well! trade safe and smart and let me know your opinions in the comments!!
Long
by jamison_fx
USDCAD - Daily Trade Idea - 4-Nov-22USDCAD (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.
Long
by onelinkFX
1