USDCAD Buy and then SellFollow the chart. Keep an eye on Dollar index, when it will rejected from the Double top or from the resistance zone then sell it.
Usdcadlong
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
USD/CAD Bullish Momentum ContinuesHello Traders
USD/CAD is on bullish momentum.
We believe that this pair is going to continue upward but before, it needs some corrections.
Here is why we long USD/CAD:
1- RSI is on Uptrend
2- Short term momentum is upward.
3- Price has a big resistance between 1.30500-1.30800. This zone will drag price toward itself.
4- USD sentiment is positive.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
USDCAD - BIG MOVE INCOMING!Waiting for a break and retest of 1.30819 or a pullback into 1.29528 to go long on USDCAD back to swing highs at 1.32228.
If you agree drop a like and if you have any questions leave a comment below :)
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 - Long OpportunityPotentially Inverse Head & Shoulder formation is forming and classic RSI Bullish divergence looking for Long once the trend changes
USDCAD - Daily Trade Idea - 22-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
Long USDCADDXY Is Going Up to level 109.00
CXY broke out of trend line and going to 76.5
And USDCAD broke the resistance level, now its going to Retest on that level and move up.
USDCAD 1hI am very interested in USDCAD reaching this range that I have set
After the confirmation, I will enter the buy position in the lower time frames
USDCAD - Daily Trade Idea - 19-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
USD/CAD Buy USD/CAD Respected the Support area and continuing with bullish movement,
expecting a quick 2 risk reward here.
I'll keep you up-to date with the trade and update this idea
USDCAD - Daily Trade Idea - 18-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
USDCAD - Daily Trade Idea - 16-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
Tue 16th Aug 2022 USD/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/CAD Buy. Enjoy the day all. Cheers. Jim
USDCAD trade idea (MON - 15/08) : BUYWith an RR of 2.97, this trade has finally broken upward structure and will look to push up
USDCAD ! Broke through Support Zone, time to short 1.28500 ~ 128000 It was a very important key level for a short term. In the short term, it is moving back to the downtrend.
USDCAD long setup I'd like to see.Just a potential setup I would like to trade on next week.
Let's see how it goes.
USDCAD BUY idea (THU - 11/08)Initially I thought this to be a sell. However the upwards imbalance and the fact that it has broken upwards and barely broken downwards makes me believe it will long in the long run. Anyone reading this, just make sure that before entering there’s another up break (we’ve had enough breaks but another one will most definitely confirm it.)
USDCAD H4: Bearish outlook seen, further downside below 1.2840On the H4 time frame, prices broke its previous ascending trend line where we could see further downside risks. A pullback to the resistance zone at 1.2840, in line with the support-turned-resistance area and Fibonacci confluences could see a reversal below this zone to the support zone at 1.2680. Prices are holding below the 50 EMA as well, supporting the bearish bias.
USDCAD analysisI found the USDCAD analysis very simple for this week
Everything is clear in the picture, but I can say for clarification
After the previous H was broken, a new HH was created
Now I am waiting for a pullback to the trading zones and after seeing a sign of an increase, I will enter the BUY position
USDCAD - Daily Trade Idea - 10-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
USDCAD, Bearish H&S, Sell Opportunity Hi Traders,
USDCAD is setting up for another drop as we could see on the HTF price has moving within an ascending channel with a strong reversal impulse push down from the top of the correction. To add confluence to this set up, we can also see a H&S pattern with the R shoulder completing to indicate further downside. If we look at the LTF, we can see price is moving within a correction after the strong impulse.
I will wait for a bearish confirmation before entering this sell position, target range 1.2458
Trade Safe
Thanks
USDCAD BUY ANALYSISLooking at USDCAD on 3H timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
