USD/CAD Bullish ??Currently this pair is at an important level of 0.618, as from here if it takes a bounce it can be double bottom around 1.31330 level, however today is the NFP so after the result open the positions
Usdcadsetup
USDCAD 15MHello traders!
This is a Tag&Go setup long, a buy stop order,
set and forget style is right on the red line at
1.32890
The red circle is the stop and 1st and 2nd
targets are in green up high.
Best,
Jay
USDCAD LOOKING LIKE ITS HEADING HIGHERHey traders,
My analysis on USDCAD has changed. It seems like price has been consistently forming higher highs and higher lows now.
Price is trying to break through the previous high of 1.3270 currently.
Today on the daily chart's we had a huge bullish close which engulfed the previous couple of candles.
I see a move to the upside until the upper blue trend line.
Simple price action and analysis.
I was initially short to start the week but my bias has changed due to price action and reanalyzing the charts.
Again I may be wrong with my analysis, but the key to being profitable is risk management.
Cut your losses short and let your winners run.
Usd Cad Short-- Take Risk or Die Trying ;) FX:USDCAD
the pair have room to move up so time your entries slowly
USDCAD Short > H3USDCAD short setup
> Wait for bearish price action
> Short
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
USDCAD - DAILY - Sell setup for a big swing downUSDCAD - Daily chart - Expecting price to reverse down sharply from the daily supply zone around 1.33 which should get triggered tomorrow.. This analysis correlates well with my Oil buy setup for this week as well.. lets see how it goes!!
USDCAD 15MHello traders!
This is a Tag&Go setup long, a buy stop order,
set and forget style is right on the red line at
1.32570
The red circle is the stop and 1st and 2nd
targets are in green up high.
Best,
Jay
USDCAD Analysis: Price bounced from channel resistancePrice will more likely proceed downwards towards the support line of the channel.
USDCAD DAILY ANALYSIS - BEARISH PINBAR + TWEEZER TOPHey traders,
As seen on the daily charts today closed with a very bearish pinbar. The candlestick before also had a wick the same length.
Bears are coming in and we may be due for a minor retrace to the downside before uptrend continues.
Simple price action and analysis.
Risk to reward of 2.
ANALYSIS ON USDCADANALYSIS ON USDCAD
Welcome to my analysis
-
30Min CHart
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Interesting Point of interest In the USDCAD pair.
- Price above 100/200 day EMA.
- sell at top 1.3700 zone.
- Expecting more downward momentum.
- Watch 1.31900-1.3800 for take profit.
- MACD showing bearish divergence
Stay Tuned
USDCAD 240MHello traders!
We are looking to buy on the break of the green rectangle to catch 50 pips
between the B and C lines. Price may go a lot more than 50 pips or even less,
the lines work to determine most likely pip range for a decent trade.
This trade can also be taken with a buy stop order as a set&forget setup.
It is recommended to position stop no further away than 1:1 RR away from entry,
although this may vary with markets and volatility.
Best,
Jay
USDCAD Analysis: Trendline breakout and retestPrice had respected this trendline four times and finally it managed to break it.
It is now retesting it. I see a high likelihood of the price going up.
USDCAD H1 SHORT OPPORTUNITY - BEARISH DOUBLE BARHey traders,
As seen on the H1 charts we see that price has reached the upper green line that I have drawn.
Price looks to be in this channel / flag pattern.
Price immediately reversed and formed a bearish double bar.
THe risk to reward on this trade is 1.65.
We caught a nice 3.4 risk to reward trade yesterday night on the USDCAD.
Let's see if we can catch another nice short today.
Daily trade analysis and ideas:
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USDCAD SHORT OPPORTUNITY - BUYING PRESSURE FADINGHey traders,
As shown on the H1 chart we can see price has reached the top of my orange trend line.
With the past 3 hour closes showing bearish wicks, and the final hour close being a bearish pinbar.
I am now short.
Risk tor reward on this trade is 3.4.
Target is the lower red line.
Simple price action and technical analysis leads to simple profits.
Daily trade analysis and ideas:
Telegram: t.me
Facebook: www.facebook.com
Twitter: forex_dojo
Instagram: www.instagram.com
Website: www.forexshinobi.com
Tiktok: @forexshinobi
ForexShinobi.
USDCAD SHORTUSDCAD SHORT
SHORTING FROM 1.31610
TP 1 1.30750
TP 2 1.30505
TP 3 OPEN
To get involved with mentorship or get more trade ideas; contact me.
Instagram @VARGOSCAPITAL
USDCAD Analysis# USDCAD
> Chart: H4
> Trendency: Down
> Rtrench Fibo 0.50 level
> Toward to Lower Low
USDCAD SHORT - Price At S/R Wait for ConfirmationHey traders, here is a possible short setup for the USDCAD.
If we can get a strong bearish candlestick on the H1, that will be the signal to go short.
Simple Support/Resistance Trading combined with price action.
Please wait for confirmation before entering.
Daily trade analysis and ideas:
Telegram: t.me
Facebook: www.facebook.com
Twitter: forex_dojo
Instagram: www.instagram.com
Website: www.forexshinobi.com
Tiktok: @forexshinobi
ForexShinobi
USCAD: Are the buyers coming inthe daily time frame has built a falling wedge.
are we expecting a reversal or a breakdown.
keep an eye on the pair.
do not miss out
USDCAD LONG OPPORTUNITY FALLING WEDGE - PINBAR BREAKOUTHey traders, here is my analysis of the USDCAD on the H1 charts currently.
Price has been forming a falling wedge pattern for the past couple of weeks.
It seems like price is trying to break out of the falling wedge, with a strong pinbar close on high volume.
Let's see if the bulls can take control here!
Daily trade analysis and ideas:
Telegram: t.me
Facebook: www.facebook.com
Twitter: forex_dojo
Instagram: www.instagram.com
Website: www.forexshinobi.com
Tiktok: @forexshinobi
ForexShinobi
