USDCAD sell trade areaLooking for a continued push down for USDCAD I'm now just waiting for a small push back to the upside to get a better risk reward.
Usdcadsell
USDCAD new short ideasSo USDCAD pushed higher and now back at a stronger resistance area so ill be looking for shorts around this this level.
USDCAD / SHORT SHORTSBreak and retest... on the lower timeframes I am seeing quite a few rejection candles including gravestone dojis
I would like to see a rejection on a higher timeframe but this looks good to short from now
USDCAD short trade idea UPDATES!!Still holding my short bias on USDCAD after been stopped at break even on Friday, we are getting a nice reaction from that 1.27300 retracement area showing that it is holding some sort of significance. At the start of the week I will be watching price and trying to get into the best opportunity I can to hopefully catch the large move to the downside.
USDCAD will be messy....The dollar cad broke uptrend structure and now we are expecting some range bound trading until a clear direction is formed. At these levels, I am looking to enter a short position.
BEAR CASE
In the next week, I am expecting a slight move upwards to retest the bottom channel line and then for price to dump to retest 1.26
BULL CASE
Though unlikely, we need to consider the case where there is one more push up to retest 1.30, if the bottom of the channel line doesn't give us the resistance that we are looking for, and serves as a support for a up move, we may enter a long trade.
USDCAD short position updateSo I have entered shorts on USDCAD and we are starting to show nice rejection from this area. Stops will be moved just before USD CPI later.
USDCAD coming into SELL zone USDCAD starting to creep towards the area I'm looking at taking shorts from. We have already seen price slow down on the lower time frames I'm just waiting now for a nice formation within this zone to jump on sell trades.
USDCAD continuation area soon Not really much happening on USDCAD, we are now just seeing price make a retracement like I expected, then ill be watching for hopefully the next short wave down.
USDCAD UPDATESClosed my USDCAD trade for now and looking for a bit of a pull back to the upside where I may be looking for further shorts again. Ill update later in the week if I have entry areas
USDCAD Setup H1Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD H1 TIMEFRAME ANALYSIS (Sell) We consider selling this USDCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDCAD SHORT UPDATES!Now that price has reached first minor target area I think from this support we may see another push back up to make another failed spike up or a retracement to follow the possible new downtrend. If we see this retracement move I may look at adding further short trades.
USD/CAD SELL NOW...
💹USD/CAD ⏬ SELL @ 1.27693
✅TP-1# 1.26844
✅TP-2# 1.26026
⛔️SL 1.28666
📊 Trade Accuracy 80% 📊
📊Follow Proper M.M & Also Use S.L 📊
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Holding shorts on USDCAD once againSeeing a bit of early movement in usdcad early this monday so i have entered shorts to atlest take out that little spike down it made on friday to around 1.27400, stops will be moved just before this level is reached
1.30 in sight for USDCADThe macro sentiment for the dollar is clear, we are expecting upside in 2022 and the fear is the market due to the OMNICRON strain as well as the fed's hawkish stance is accelerating this. Unless there's a macro uturn in the fed's policies, we should see price reach 1.30 some time soon.
USDCAD LONGS EDUCATIONAL 📉📉📉Its not a trading signal, i will look to long only if pric will return back into bullish orderblocks + imbalances confirmed with a HTF bullish market structure. Thats a perfect setup that i wait when i enter trades, htf structure combined with smart money concepts for entries.
What do you think ? Comment below..
USD/CAD 4HR CHART POSS SELL SET UPHi everyone this is my trade set up for the USD/CAD
USD/CAD possible short TRADE is going against the trend so slightly risky, wait for a confirmation candle or pattern to form look for something concrete then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
USDCAD short area!!I'm still holding the bias of seeing a further push down but now its just getting into the best entry point, after been stopped at breakeven from last night ill be watching for entry's again today! Price usually gives you more then one opportunity and we still haven't broken upside trend structure so I defiantly wouldn't look at taken shorts from current price, be patient and snipe those best entry points. Good luck!
USDCAD SHORT TRADESMoving stops to entry point if we can get a quick move down, only risking 0.5% as its a risk area and price is wild at the moment.
