USDCAD Analysis: Price bounced from a falling trendlineUSDCAD has been following the falling channel since june.
Price bounced off from the trendline and then made a breakout from an ascending channel indicating high chances of heading down.
Usdcadsetup
short usdcadlet us see if we can do this our way the R:R way this if all goes as it should is a 1:30 reward remember to trade manage move stop loss and close some positions
USDCAD BEARISH PINBAR!!Hey traders,
Here is my analysis of the USDCAD on the daily timeframe.
Previously I said that price was currently consolidating on the USDCAD.
Last Friday we had a strong close for the bears in the form of a pinbar.
This is a clear and simple signal which indicates that price is looking to move downward.
Simple price action and analysis.
USDCAD CONSOLIDATING 2 POSSIBLE SCENARIOSHey traders,
Here on USDCAD we can see price is consolidating at this point. Price has rejected the orange trend line multiple times.
Buyers have struggled to push price above as seen by the 4 wicks representing sellers taking control. However sellers have not been able to push price further down.
With low liquidity the rest of the week due to American Thanksgiving, I don't think we will get a clear signal until next week.
If price can break the previous week's high bulls will be in control. However if price can break below the lower orange shaded area. Then my bias will turn bearish.
USDCAD LONG IDEA - IF PRICE CAN BREAK THROUGHHey traders,
Here is my analysis on the USDCAD on the H1 timeframe. If price can break through the blue trendline I have drawn.
I see price going further up.
USDCAD hello everyone :)
This my personal view for USDCAD.
Predection (GO UP)
Red Line = Stop Loss
Blue Line = Best Entry
Green Line = Take Profit 1 & 2
Any this my personal predection. Win or Loss is your responsible. Sorry my english so bad becouse im still learning & try to speak english.
Happy trading all :)
Best & regards
Jamal Abdullah
(Owner Traderstylo)
Dollar CAD update - usdcadANALYSIS ON USDCAD
Welcome to my analysis
-
1HR CHart
-
Interesting Point of interest In the USDCAD pair.
- Price below 100/200 day EMA.
- look for sell signals.
- Expecting some more downward movement.
- Watch 1.31947 for Take Profit (TP). *** please note i am expecting 1 more bullish move so you might want to wait for the move up (so buy then look for the seell)
USDCAD: Great Short Setup NowWelcome everyone to this new and fast idea!
I just entered a short on USDCAD. Its a longer term trade on the 4H time frame. I will keep you guys updated during the trade!
Success and a great week!
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
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
-
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
