USDCAD are you finally ready to short?Hello traders. USDCAD showing the perfect structure for sellers. lets hope it shorts asap. fake out spotted on third touch of trend line, Lower low expected after lower high had been created at the Fake out.
Usdcadlong
2906 USDCAD 1H setup with RR>3.0Hello traders,
In this LONDON session, USDCAD is going to finish a 1H sidways price action.
The breakout strategy did not work yesterday.
Price pull back to retest it and make it a support zone now.
Setup a buying order, target 1.291 with RR=3.9.
GOOD LUCK ON this intraday trade.
LESS IS MORE!
Week 3 assignment (EXHIBIT E) for USDCAD by PROSHERIFFTrend reversing three white soldiers have been spotted so a long position was taken.
USDCAD: Buy dips!USDCAD
Intraday - We look to Buy at 1.2850 (stop at 1.2790)
Previous support located at 1.2900. Previous resistance located at 1.2950. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 1.2950 will confirm the bullish momentum.
Our profit targets will be 1.3000 and 1.3025
Resistance: 1.2950 / 1.3000 / 1.3025
Support: 1.2900 / 1.2850 / 1.2800
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USDCAD Long - Dow Theory + Bullish Indicators - Week 03 05USDCAD Long position on basis of HHs and HLs as learned in Dow Theory and on basis of bullish indicators in the bearish trend.
- Inside Bar has been marked
- SL is last HL
USDCAD - Daily Trade Idea - 30-Jun-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 - LONGBullish structure in formation
HH HL formed
Bullish engulfing candle on HL
Entry at 1.28755
SL 1.28450
USDCAD - Daily Trade Idea - 29-Jun-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 Three White Soldiers on 1Hr Time Frame A formating of three white soldiers can be seen on 1Hr time frame of the USDCAD chart that depicts the short-term price hike in the instrument.
USDJPY - LONG POSITIONSTRUCTURE is bearish
long entry can be taken for a small profit
TWEEZERS BOTTOM
SL at recent LL
ENTRY 1.28342
SL 1.28184
Jamie Gun2Head Trade - Buying USDCADTrade Idea: Buying USDCAD
Reasoning: Short term support, RSI bullish divergence, looking for a temporary move higher
Entry Level: 1.28700
Take Profit Level: 1.29120
Stop Loss: 1.28510
Risk/Reward: 2.21R
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Outlook on USDCAD: Bearish play seenOn the monthly and weekly time frame, prices tested and reversed off a key resistance zone at 1.3080 with bearish order flow seen on the H4 time frame, as price broke the recent market low at 1.2920. On the H4 time frame, a pullback to the resistance zone at 1.300, in line with the graphical resistance level, 61.8% Fibonacci retracement and 61.8% Fibonacci extension presents an opportunity to play the drop to the next support target at 1.2750. This demand zone lines up with the 61.8% Fibonacci retracement and 61.8% Fibonacci extension levels. Stochastics is also facing resistance at 97.81 with bearish divergence seen which supports our bearish bias.
USDCAD: Liquidity Sweeps 👁🗨Price action has trapped both buyers and sellers in this range.
First, we have head and shoulders sellers being lured and stopped out and now we have smart money order block traders being taken out.
Since the market has taken both buyer and seller liquidity, institutions may have enough fuel for the next impulsive move.
My bias is bullish into the equal highs but no entries will be taken until we get our entry criteria.
USDCAD | uptrendWe all agree that the USDCAD trend is bullish
So I wait to reach the bottom of the ascending channel LONG
Or break the top of the ascending channel and LONG
I do not SHORT in this channel at all
Be sure to check out last week's analysis
⁉️ USDCAD - Market Analysis Hello traders!
⁉️This is my analysis on USDCAD.
Here we are in a bullish market structure, so I am looking only for longs. I expect now the price to go down to fill the imbalances left below and look for a long if the price rejects from bullish orderblock + institutional figure 1.26000.
Like, comment and subscribe to be in touch with my content!
USDCAD LongHey traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.297 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Week 02 | USDCAD | Long Postition | 24-06-2022US Dollar is showing uptrend agianst Canadian Dollar. We can take a long trade at this stage.
USDCAD - Daily Trade Idea - 24-Jun-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.
USDCADUSD CAD oscillating between two strong buying and selling zones mentioned on chart, can take both side trades on lower time with bellow zones stoploss for good gains.
USDCAD - Daily Trade Idea - 23-Jun-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 Chart H1Here is my view for USDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
