USDCADUSDCAD on upper line channel
taking sell order with sl above trend line and take profit around pivot weekly.
Usdcadsell
USDCAD possible sell zone!!USDCAD (4h) has formed a strong reversal pattern and the price has broken to the downside with a bearish engulfer. Currently, the price is below weekly support. in the new trading week, the price opened with a gap up with rejection to the downside. On the test of the neckline of the reversal pattern, the price may continue to drop. A sale is a high probability of set up after rejection.
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Mon 12th September 2022 USD/CAD Daily Forex Chart Sell 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 Sell. Enjoy the day all. Cheers. Jim
USDCAD Risky Short !!USD-CAD broke out of the rising channel
So I am bearish biased on the pair
But I think that we will first see a move up
To retest the broken support line of the channel at 1.30971
And only then the price will go down
Towards the target level below
USDCAD*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stop loss. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action work near that level.
Only for educations purpose.
Big reversal in USD/CAD, Will it reach 1.2650?As predicted in my previous ideas, USD/CAD has reversed after hitting the top of the price channel and it has given us sellers almost 95+ pips profit from the top. Now, based on the price action in daily chart, it seems USD/CAD reversal is very likely to happen and price will drop even lower.
There is a very good chance that USD/CAD will drop to the lower TL of the channel near 1.2650 as price continues to fall. So, great opportunity for the sellers here.
USDCAD trade idea (MON - 05/09) : SELLUSDCAD has broken structure enough times - respecting the flow of the price after having met resistance by demand.
This is an idea. Thank you
Will there be a reversal in USD/CAD?USD/CAD is moving within an ascending price channel for the last few months.
At present, price has hit the top of the channel and a bearish daily candlestick has formed at the channel top.
This gives us a slight bearish bias and the likelihood of a bearish reversal.
Potential sellers can consider selling at 1.3160-1.3220 area. If the reversal does happen, USD/CAD has the
potential to drop towards 1.27 level.
USD/CAD WAITE TO SELL CONFARMANATION.......
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
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Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
USDCAD area for more short trades!Little breakdown on USDCAD for a small intraday trade. Looking to see if the price can rejected the area of 1.29600 again for a added short trade targeting 1.28800.
USDCAD nice short trade updates!We seen price make that right shoulder move I explained yesterday and got the nice drop down, I took 2 entrys but will be closing half my position down at 1.28800.. major target level 1.27700 and as always stops moved to break even!
USDCAD short running in blue 🟦4am UK time see an alert on my USDCAD 30M reversal strategy.
Reversal trade identified and entered.
Strategy can be automated I wasn't up at 4am.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
Potential reversal in USD/CAD; hitting the top of the channelUSD/CAD is moving within an ascending price channel for the last few months.
The best level to sell would be after the price hits the upper trend line of the channel.
My recommendation is to wait for the price to touch the upper trend line. The area between
1.3150-1.3220 would be of interest to me.
Potential sellers must wait for price rejection at the level mentioned above before placing
sell orders. However, there is also a chance that the price may not reach that level and it may
already start falling before that.
USDCAD awaiting short positionsUSDCAD is forming some nice price action and is the trade I'm most interested in at the moment. As explained I'm looking for price to make another failed attempt to push up then enter shorts off the back of that rejection.
USDCAD SELL SET UPThis is a trade we have been waiting on for a while to reach our POI an area where we will be looking to sell this pair.
USDCAD major resistance 1.30500 shorts?Will be monitoring price around the current resistance of 1.30500 for some short trades.. Ill be waiting for more price action on the 1 and 4 hr before even looking at entry, if you are trading this level id recommend you wait for the confirmation right shoulder move as we are still in a steep uptrend..
USD/CAD SELL NOW...
Hello Traders, 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 watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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USDCAD new Idea. looking forward to seeing USDCAD take out the new liquidity created fill in the imbalance, mitigate the supply zone above, before we start selling off.
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 SellOn H1 chart the market of USDCAD has made fake breakout which is giving us strong selling pressure on it.
USDCAD SELL ANALYSISLooing at USDCAD on 30M timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this phase
USDCAD possible sell zone!!USDCAD( D ) has formed another bearish engulfing in the direction of a daily downtrend from daily 20EMA. There has been already a series of bearish of engulfer in the direction of the trend with a series of lower highs. A possible sell opportunity may arise upon the close of the daily candle with a lower low.
Jamie Gun2Head Idea - Selling USDCADTrade Idea: Selling USDCAD
Reasoning: Price stalling near trend line resistance, current trend remains bearish
Entry Level: 1.2874
Take Profit Level: 1.2760
Stop Loss: 1.2901
Risk/Reward: 4.22:1
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.
