Usdcadsetup
USD/CAD Bullish flag breakout, next target 1.3050 USD/CAD confirms a bullish breakout, with more room to open higher.
USD/CAD breaking above 1.2783 has confirmed the bullish flag breakout and has created more room for the upside bias. Stop-loss should be below the 1.2638 price zone with a target zone of 1.2950/1.2958. Breaking above 1.2958 will open the door for our 2nd target nearly at the 1.3050 price zone.
USDCAD | Good Buy Opportunity.If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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
please follow like and comment thanks
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
please follow like and comment thanks
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: 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