USDCAD short progressing well💲🍁USDCAD sell trade in progress.
Working the H1 time frame.
Reversal trade identified.
Trade details can be found on the chart in red label.
Trade box shows entry, SL and TP target.
Thanks for looking
Darren🙌
Usdcadsell
FOREX ANALYSIS :USDCADFX:USDCAD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
USDCAD Set UpsHere are some of the setups that I see for USDCAD. Price Action will tell me how to proceed.
USDCAD SHORTUSDCAD analysis update and I’m seeing it’s going to move for +100 PIPs to the downside ✅
USDCAD seems BearishThe market of USDCAD made fake breakout to descending trendline and now moving downside. I believe USDCAD will fall more. Better to look sell opportunity on it.
USDCAD Sell - Downtrend ContinuationUSDCAD Sell/Short, Continuation of Downtrend.
Entry: 1.29454
1) Has lined up with golden level 0.618 Fibonacci retracement level for recent swing high
2) Top of a short term bear flag channel and short term recent resistance
Stop Loss: 1.29834
1) Above 0.786 Fibonacci retracement level
2) Just above some swing highs on Daily Chart
Take profit (3): 1.27059
TP1 1.29044
TP2 1.28235
TP3 1.27097
USDCAD Short With 2 Confluences.
As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure
from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the target is set around the low of June. Risk reward currently stands at 1 to 5.8. Never risk
more than 2% of your account on any single trade.
Confluences:
1: Double Top Pattern Formation
2: Key Level Breakout
USDCAD Idea H1Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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 H1Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Mon 27th Jun 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 Sell SetupWe are seeing the USDCAD to go down and break the 1.27$ mark.
Let's get started!
(Make sure to hit LIKE!)
If the price hovers around this current market price then soon we will see a long sell which could give us minimum of 200 pips profit
USDCAD SHOR SELLUSDCAD SHORT SELL to the Mention Zone to lower Support Zone and break the touch the main Support level.
USD/CAD Made Head&Shoulders Pattern,Short Entry After 4H ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USD/CAD Potential Sell Opportunity - London SessionI will be looking for a potential sell trade on USD/CAD if I can see price come into this area & shows me bearish confirmation.
I am not going to showing the technical reasons for this trade idea.
USD/CAD Potential Sell Opportunity - New York SessionI will be looking for a sell opportunity on USD/CAD if I can see price push up into this area with a bearish confirmation.
I will not be going into the technicals for the trade.
USD/CAD looking for a short again | it will drop most probably USD/CAD was on watch for weeks and then we caught a heavy portion of the move down
Folks it's time to catch it again
On the daily Time Frame: We have our 1-2-3 ascending structure where we never broke any significant low. Now we've come back for the mini double-top within the pattern and we'll be looking to take this position all the way down again.
On the 4H Time Frame: We did have a bit of an impulsive move to the upside, Market already show rejection
Note:
Either we do get the flag in 4h charts, in which case this will be ready for London session Monday and you'll be able to take a risk entry or a reduced risk entry.
There's a good chance that it rejects and comes back up with a structure again.
Keep Following Folks for more updates
if you want to join our community DM.
Thanks.
USDCAD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Usdcad shortsAfter a juicy catch of the up move, USDCAD has approached a confluence region (blue) of HTF resistance level and HTF trend line resistance.
A break and retest of the LTF ascending trend line approaching this resistance cluster increases the probability for more downside action.
Order Blocksi was looking for short as you can see on my chart.
hit a like button if your idea same as me..thank you
USDCAD seems BearishThe market has made Double Top on D1 chart which is enough to say that it is sign of bearish market.
