⁉️ USDCAD - Market AnalysisHello traders!
⁉️This is my analysis on USDCAD .
Here we are in a bullish market structure, so I am looking only for longs. I expect the price to continue the retracement to fill the imbalance and if the price rejects from bullish orderblock + institutional figure 1.30000 I will open a long position.
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Usdcadlong
USDCAD | MORE UPSIDEUSDCAD has given a breakout from the most important resistance of 1.30780 where the price was unable to cross it for most of the time.
Recently we saw a consolidation (box) before a breakout and upside targets are achieved.
Now we still think the upside potential is there and the price can go high from here
Trade your levels accordingly.
USDCAD - Daily Trade Idea - 13-Jul-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 - 12-Jul-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 - Market AnalysisHello traders!
⁉️This is my analysis on USDCAD .
Here we are bullish market structure, so I am looking only for longs. I expect the continuation of the retracement and if the price fills the imbalance and rejects from bullish orderblock I will open a long position.
Like, comment and subscribe to be in touch with my content!
USDCAD LongIn TECHNICAL ANALYSIS .
USDCAD Show a clear Order Block on 4 Hour.
Confluences which validates this order block are as follows:-
1. It has broken structure.
2. Lies with in Discount area.
3. Their is in efficient Price Action( Imbalance to be filled).
4. Unmitigated Order Block.
5. Liquidity Taken.
EVERYTHING COOL RIGHT..... Trade Safely.
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More PIPS to come.
#USDC Dominance looks weak, Bullish rally ahead?USDC Dominance:- The index is showing signs of weakness.
This might be considered a hint that a rally is coming across the market.
Rejection from the upper resistance as well as from the red resistance area has already been retested.
Breakout of this pattern is likely in the next few days.
IMO, It's safe to position into BTC and Alts unless it breaks and closes above 6.88%.
Hit the like button and share your views in the comment section.
Thank you
#PEACE
USDCAD - Daily Trade Idea - 6-Jul-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.
DONT MISS IT Found a good setup for taking long on USDCAD.stick with 15 pips stop loss protect your capital dont risk it all and have a good day my fellow traders