USDCAD M15 Setup LONG SIGNALThis is a Setup 1 - Breakout into Wave 5
Target Fib Exp 1.62 (we call that the Target zone 1)
Usdcadlongsetup
USDCAD - LongHey guys!
I just found this trade this morning to go long on USDCAD. Hopefully, it will get to target next week.
Trade with care!
Ty
USDCAD- Two Potential Long Position Set Ups? If there is another strong bullish candle then this can be a good breakout trade! It will be a good long position with a potential risk to reward of 1:2.
The EMA's are also showing bullish signals which gives me a good confluences.
As a bonus we could also enter another long position at the reversal.
Let's see whats what happens at the end of Friday.
USDCAD longI think this is a potentially interesting setup to consider. The first correction to wave 1 in the new bullish channel seems to be complete and we should be expecting the next impulsive wave 3.
Here is an overview in a shorter time frame
Please leave a like and let me know what you think in the comments section below.
Disclaimer: This is only an idea and should not be taken as a trading signal.
USD / CAD long - false move to downside Latest candle shows a lot of false price movement - momentum to the downside was short-lived which would show power to the buyer
waiting for break of 1.32677
USDCAD long idea - Buy DipUSDCAD found resistance @ 1.31700
Assuming five structure has been completed, i'm expecting a-b-c correction before we continue buying this pair as long as market above KEY LEVEL.
Critical level : 1.29533
My Idea on USDCAD for the weekIm looking for buys but first Im specting price to reach heavy zones of rejection also keeping on mind the reversal patterns
USDCAD TECHNICAL ANALYSIS: LONG OPPORTUNITYUSDCAD is rejecting a confluence level comprises of demand zone + ascending trendline.
Price also has broken a daily Counter Trend Line indicating potential rally from or near the current market price.
USDCAD H1 PINBAR @ TRENDLINE LONG OPPORTUNITYHey traders,
Just a simple pinbar spot on the H1 with the blue trendline acting as support.
Simple price action and analysis.
Cheers.
Bullish positioning on CAD is slowly diminishingUSD still enjoys high carry 2.6% vs EUR over, making short USD positioning unattractive. No currency in the G10 FX space offers a higher yield than the dollar.
Market expectations earlier in the year that policymakers will not be able to fulfill their tightening ambitions turned to bets that the next move in interest rates will be down as the economic outlook deteriorated while the trade war saga dragged on.
USDCAD BUY SETUPPossible signature buy trade.Price broke through the wedge to go to the previous weekly low and did a wick fill and was rejected.Anticipating a reversal.W pattern formation on H4,H1 and signature W formation on 30min
USDCAD WAIT FOR PRICE TO CONFIRM LONG EITHER AT S/R OR TRENDLINEHey traders,
Today's daily candle for USDCAD closed bearish which was a continuation off of yesterday's huge bearish candle.
If price makes a bullish candle at the S/R area i have labeled or at the blue trendline it may represent an opportunity for us to get long.
Otherwise I am still short until then!
Simple price action and technical analysis.
USDCAD LONG IDEA - IF PRICE CAN BREAK THROUGHHey traders,
Here is my analysis on the USDCAD on the H1 timeframe. If price can break through the blue trendline I have drawn.
I see price going further up.
USDCAD LOOKING LIKE ITS HEADING HIGHERHey traders,
My analysis on USDCAD has changed. It seems like price has been consistently forming higher highs and higher lows now.
Price is trying to break through the previous high of 1.3270 currently.
Today on the daily chart's we had a huge bullish close which engulfed the previous couple of candles.
I see a move to the upside until the upper blue trend line.
Simple price action and analysis.
I was initially short to start the week but my bias has changed due to price action and reanalyzing the charts.
Again I may be wrong with my analysis, but the key to being profitable is risk management.
Cut your losses short and let your winners run.
USDCAD LONG OPPORTUNITY FALLING WEDGE - PINBAR BREAKOUTHey traders, here is my analysis of the USDCAD on the H1 charts currently.
Price has been forming a falling wedge pattern for the past couple of weeks.
It seems like price is trying to break out of the falling wedge, with a strong pinbar close on high volume.
Let's see if the bulls can take control here!
Daily trade analysis and ideas:
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USDCAD: Price is setting up for a potential 350 pipsWe're seeing a complete Gartley pattern and at current levels, price is beginning to show signs of reversal at the 1.3070 level. I'm looking for one more rally to the upside before we continue with the overall trend on the daily chart. Wait for clear confirmation before looking for an entry.
USD/CAD: Daytrade-Opportunity#PLAN AHey tradomaniacs,
welcome to another free signal!
Notice: Wait for the break above the horizontal current resistance and the trendline of the FAN.
After the retest and rejection make sure to buy!
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Type: Daytrade
Buy here: 1,32449
Stop-Loss: 132315
Target-Zone: 1,32675 - 1,32718
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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