USD/CAD Signal LONG TRADE IDEA✅ USDCAD started to grow steadily since the beginning of the week and faced the resistance line (1.2630).
🔺 I assume that the price will return to the trendline (1.2540), then continue to rise to 1.2750.
🔻 A breakdown of the price below 1.2460 will mean a trend reversal.
Usdcadsell
USDCAD | The best area to start the uptrend🏹Hello traders, Symbol USDCAD ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame.
Our goal in this analysis is to give you an overview of the future of symbolism.
As you can see in the chart, this symbol has been analyzed and examined from 1979 until today and is predicted until 2027.
Based on the wave count we did in the weekly timeframe , we first identified a 5-wave cycle and then a relatively short correction in terms of price and time.
After completing this correction, a new 5-wave trend in the form of a triangle has started again.
In this leading wave, waves 1, 2 and 3 are complete and now we are waiting for the completion of wave 4, we expect wave 4 to form at the bottom of the channel (Fibo 0.50) but we can also expect a deeper correction (Fibo 0.618).
After the end of wave 4, we are waiting for the beginning of wave 5, and the best confirmation for the beginning of wave 5 is the price crossing the midline of the channel or the pink trend line of the channel floor.
If the price crosses Fibonacci 0.618, this analysis will not lose its validity and we should expect a further rise.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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USD/CAD 2 Short Setups Available To Catch More Than 200 Pips This 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:UPDATE PRICE ACTION ANALYSIS|REVERSAL|NEXT TARGET|SHORTThe USD/CAD is fluctuating below the 200-hour moving average.Our prediction see the price continuing to Drop down .
The correlation Between EUR/USD and USD/CAD is low (below 60) , ( actually is -89 points) then the currencies don't move in the same way. EUR/USD is growing....
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USDCAD ANALYSISWe see this pair moving sideways although the bounce from 1.25400 is still clear.
We could eventually see continuous upsides from here. What would we do?
We wait for price to return to the clear support, show signs of rejection and a bullish candle in the overall trend.
Or we'd wait for price break above its current level, and then we'd pick long entries.
USD/CAD:REVERSAL H&S OPPORTUNITY|BEARISH IMPULSE|SHORT VIEW 🔔Welcome back Traders, Investors, and Community!
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USD/CAD:BREAKOUT BULLISH TREND|DOWNTREND READY|SHORT 🔔Welcome back Traders, Investors, and Community!
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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 Can Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, USDCAD it is expected to go lower after the flag breakout however it might go at Pullback area before going down.
⬇️Sell now or Sell at 1.2515
⭕️SL @ 1.2583
✅TP1 @ 1.2366
✅TP2 @ 1.2260
✅TP3 @ 1.2135
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
USDCAD SHORT POSITIONS TAKEN!Hoping to see price continue to the downside from around current area. Would have liked price to make more of a corrective move but I'm expecting weaker USD so hopefully we can just move from here. Remember always manage risk and never let you emotions dictate your decision making!
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is a beta-version of my new system! Please trade it only if you agree and with a decent risk!
ALL TRADES risky ahead FOMC!
USD/CAD: Daytrade-Preparation
Market-Sell: 1.25630
Stop-Loss: 1.25775
Point of Risk-Reduction: 1.25475
Take-Profit: 1.25080
Stop-Loss: 14 pips
Risk: 0,5% -1%
Risk-Reward: 3,95
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Peace and good trades
Irasor
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