Usdcadsetup
USD/CAD BUY THE PULLBACKTechnical Overview: - USD/CAD
While the the obvious trend is bearish, we are out here doing the opposite.
Trading is all about your mental decisions, and our outlook changes our outcome.
Since price had dropped, this created a huge discount for hedge funds to enter in on cheaper prices.
We are bullish simply because price is oversold from a HTF.
Smaller time frame suggests downside, this could be used as an opportunity to enter in when price is falling.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
USDCAD - Full Analysis BreakdownWelcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on USDCAD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
USDCAD: Ending Diagonal PatternIn some cases, we cannot detect the main trend clearly. But there are patterns that are helpful, they temporarily show the trend. One of these patterns is Diagonal.
As you can see in the image, the Diagonal pattern is formed and we are waiting for the price to increase to the range of 1. 3411. To get the confirmation for the uptrend, the price should cross the range of 1.2835.
In addition, convergence is evident in RSI. This analysis will be violated by crossing the price from the range of 1.2588.
USD/CAD PAIR BREAKDOWN👋 Hey there traders, and welcome to a brand new pair breakdown!
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USD/CAD Buy Opportunity Technical Overview: - USDCAD has been on a bearish run past the few months leading up to January.
We know this is a monthly trend that many people have sold based off and many people have swing trades positions to the downside.
The markets is not yet done, we may have more downside to around 1.2600 Zone which would be a much better R:R at a discounted price.
Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
usdcad longIn case of breaking the trend line and reaching the specified area and the presence of return signs, the purchase transaction can be entered by observing the loss limit.
Of course, note that now is not the right time to enter the trade, and this is just an analysis, and just pay attention to the fact that now the chart has a good and significant situation.
USDCAD - Full Analysis - UPDATE Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on USDCAD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.