OIl as always the last one to drop during the RecessionLooking for a similar price action drop during 2008's Recession.
God's Speed...
Usdcadlong
USD/CAD Long SetupWatch the price from the level of 1.24610 to 1.24260 to take the Buy position, it will reach a double bottom + rising trendline + 0.61 Fibo
WEEK 23 ▲ USDCAD IS LONG ▲My views on USDCAD is bullish
Retest resistance line 1.2703 / 1.2812
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Usdcad long?The pair has approached a 4H trendline, after an attempt to break below it was foiled by the bulls, a case can be made for its bullishness.
A breakout of the descending channel can lead to more upside climatic action.
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USDCAD bottom of channelUSDCAD has almost reached bottom of 18 months long channel.
Channel is inclined upwards, with the possibility of a breakout and forming a bowl on weekly chart.
S/L and TP are being channel boundaries, here are targets
TP: 1.31189
SL: 1.24262
Current: 1.25783
In case prices reach upper bound of the channel, you may also look for a breakout instead of TP.
USDCAD - LONG #USDCAD Daily
In Daily Time frame USDCAD is near to touch the support area of this channel
if rejection then moving up
USDCAD - Daily Trade Idea - 2-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.
How to Analyze The Monthly Timeframe on USDCADHey Purpose Traders. As you know I am a swing trader. Being a swing trader means I am analyzing the higher timeframes such as the monthly, weekly, and daily, to find my trade setups. In this video, I am showing you how I'm analyzing USDCAD to find my next entry.
If you have any questions, I'd love to see them in the comments below so I can answer them. Remember to be kind and enjoy your summer trading.
USDCAD | BULLISH REVERSAL?USDCAD has given a breakout after being in consolidation for a week. It seems like the downside is completed and we may have a short-term bullish reversal from here.
USDCAD | UPSIDE FORECASTUSDCAD has been in a downtrend after defining a top. The price action has broken down multiple minor supports and continues its journey downward.
Currently, it is approaching a strong horizontal level where price action may show some upside move.
Trade your levels accordingly.
USDCADHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDCAD view with smart money concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
USDCAD IDEAHello, today I present you a pair of USDCAD.
This week and the next few days I will be taking long.
It is a good place to get in.
Good luck.
USDCAD - Daily Trade Idea - 25-May-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 - Still in a corrective rally.FX:USDCAD is still in a corrective really and looking for more upside towards 1.32 - 1.33 area.
On a smaller TF there is a nice low risk long possibility which could send it up there or one more pb to 1.2665.
Just a couple of levels to keep an eye on.
I will post the short term chart shortly.
Enjoy the day.
USDCAD long term forecastevery thing is in the picture. we are in the wave B now
the target of this wave is 1.26 then we have wave C
USD/CAD LongPrice stops at support to retest a broke resistance , this support not a weak It's an old support facing 0.5 fibo daily level and above daily Ema 200
USDCAD - Daily Trade Idea - 23-May-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 long ideaGood evening from Johannesburg, South Africa. Today I look at USDCAD again on a three hour scale, looking to continue further upside after previous success, as well as what appears to be continuation after a correction. Enjoy your trading and all the best, I'll be back with updates.
USDCAD LONG-Initial Entry missed for 4HR Bullish FVG
-Re-Entry Secured off 45Min Bullish FVG
-SL 10pips below Previous Low since initial was missed
-Smaller R:R used to be conservative
Time Analyzed: 12:00-12:30 am
Date: 5/17/2022
Position: Market Executed
R:R 1:6.7
Results:
+60 pips secured
+2.0% approximately secured
