USDCAD LONG!DXY is on a major support level. The area marked is the nearest resistance to the upside. The price will break out of the consolidation zone to make a higher high to the nearest demand zone. Take proper risk.
Usdcadsetup
USDCAD Targeting EqualityIn this update we review the recent price action in USDCAD and identify the next high probability trading opportunity and price objectives to target
USD/CAD 4HR SELL SET UPHi TRADERS this is my trade set up for the USD/CAD
USD/CAD after creating a possible M pattern looks like going to drop Lower so after break of area take a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
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USDCAD Chart H1Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD 4HR SELL AND BUY SET UPS???Hi TRADERS this is my trade set up for the USD/CAD for the new week ahead
USD/CAD Is coming to rejection area again, I am looking at two scenarios 1st it gets rejected from resistance area after touching a few times in the past so would be sell only
or 2nd scenario it breaks through the resistance area for a strong push up so we will be buying only
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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More upside to test the top of the channel for USDCAD. Looks like there's more upside to come to test the top of the channel for the dollar cad, we will enter a long on pullback to 1.27 and exit at around 1.32. The expectation of rising fed interest rates will bring the price of oil down and cause a rally in the USDCAD.
USDCAD Chart W1Here is weekly analysis for USDCAD on W1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD: 4HR Long! Price-Action view
As is, price is ready to advance for tests at 1.26186.
Or, Price could seek more buyers at bargain Entry prices.
Either way, there's opportunity to fit your risk : reward appetite.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Comment, Follow, (...)
Thank you. Happy Trading.
USD/CAD - DOWN BEFORE RALLY CONTNUES???Until the last Friday of January CAD has been taking a beating , Mon-Tue we see CAD gaining some traction
in a much corrective structure and of nature, trickling its way back down towards marked out IPA's that need filling
as well as some unmitigated OB's before a possible rally higher.
(SUBJECTIVE)
- 2 possible positions I would personally execute have been marked out only if price action is in context .
A short term sell if price moves toward the minor IPA giving bears another shorting opportunity
which could possibly push prices further down where MY second entry would be- Long, Medium term to a higher daily OB.
Now, lets wait and see..☕
this is not trading advice
UsdcadDaily in clear bullish trend
50 MA and 200 MA cross
4H bullish trend line respected 3 times
4H candle didn't close below previous resistance which is now support
Fib level
USDCAD SHORTS ADD TO POSITION 📉📉📉📉 Expecting the price to have a big fall from this area as we have a bearish high momentum candle over there, i would like to add there to my positions.
What do you think ? Comment below..
USDCAD SELL & BUY STRONGE Hello traders. I expect the price to easily climb to the previous level after the end of the third wave of correction and contact with the uptrend line. Be profitable. Are you agree?
Buy the dips. Choppy move to upside. USDCADThe USDCAD will move upwards in the coming weeks in extremely choppy fashion, buy every drop until it reaches the top of the channel at around 1.32
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD
USD/CAD hit TP2 on last chart I posted on this pair now has reversed from that area and coming back to support zone which was once resistance, if we get good news from USA data and FOMC possibly could go back up, it will be volatile this afternoon as we have high Canada data released to, so just be patience with this set up
so i will be looking to take trade from order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
USDCAD Chart H1Here is my view for USDCAD H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCADHello traders. I expect the price to rise 50% before the downtrend line, the price will go up 60 pips
Trading Idea Regarding USDCADThis pair is going bullish for now
Technical Analysis
1-Break out price structure and retesting it before continuation to the upside
2-Ascending Triangle Chart Pattern on weekly Time Frame
Sentimental Analysis:
1-CADJPY Reached falling resistance level indicating bearish move for the pair (Indicating possible weakness for the CAD)
2-AUDCAD is making Q&M chart Pattern which is indication of bullish move for the pair(Indicating possible weakness for the CAD)
USDCAD Pattern PlayIn this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives to target.
UsdCad- Nice trade with great R:RIn June 2021, UsdCad has changed the trend, breaking above the descending trend line and reaching a high around 1.3 important resistance.
Since then, the pair was very volatile with large up and downswings.
In December, UsdCad has had a new attempt to conquer 1.3 and failed again, dopping slightly under 1.25
However, this low is higher in rapport with the previous 2 and can be an indication of continuation to the upside.
More, 1.25 zone is market by 3 bullish pin bars and it is clear that we have buying power in this zone.
In concl;usion, dips against 1.25 should be bought and swing traders can target 1.3 resistance.
A dive under the recent low would negate this scenario.
Best of luck trading UsdCad
Mihai Iacob
