USDCAD: 800+ Pips Move, Do not Miss Out! Dear Traders,
As we stated in our last analysis that price will bounce from our designated buying zone, for us that area remain a key level as price is likely to retrace from the area. Following our last idea, price did rise up higher than that we expected, however, it has almost reached our area of buying.
Good Luck and trade safe.
Usdcadsetup
USDCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
11 RR Sell Setup for USDCADCore Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, we have identified a strong demand zone on the daily timeframe, which has once again given a strong rejection, changing the price character from bullish to bearish on the H1 timeframe.
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
Bearish CHoCH from higher timeframe zone rejection.
Took inducement and now ready for a corrective swing move with its 1st pullback.
Internal structure turned bullish for a correction towards extreme and decisional POI (Order Flow or Order Block).
Preferred POI: Order Flow in the Premier zone of the swing.
Entry Model: Regular SMC.
Daily Resistance: Supply zone where sellers still have full control, with the 3rd breakout attempt failure.
Pattern:
🟢 Chart Patterns:
Reversal: Head and Shoulders pattern is clearly visible and completed.
🟢 Candle Patterns:
Observed multiple reversal candlestick patterns on the daily timeframe, including Doji, Long Wick, Engulfing, and Dark Clouds. These patterns indicate strong bearish momentum at the level.
Volume:
🟢 Very massive volume observed on the daily timeframe right before and after rejection, with the price reacting bearish. This is a strong indication for a sell position.
Momentum RSI:
🟢 Price is in the bullish zone yet, but strange things are noted in terms of momentum on the daily timeframe.
🟢 Strongest 3-candle divergence and loud moves.
According to Andrew Cardwell's method (used for momentum analysis with RSI), loud moves are almost 90% confirmed moves.
Volatility Bollinger Bands:
🟢 After one of the longest contraction phases, the breakout to the upper side was unable to give the expected move and was rejected after a squeeze breakout.
🟢 Walking on the band took a rejection with a head fake, indicating strong bearish control here.
Strength ADX: Neutral
Rating: ⭐⭐⭐⭐⭐
Entry Time Frame: H1
Entry TF Structure: Bearish CHoCH
POI: Waiting for mitigation
Decision: Sell limit order with extreme risk (as per my money management strategy).
🚀 Entry: 1.3855
✋ Stop loss: 1.3955
🎯 Take profit: 1.2818
😊 Risk to reward Ratio: 11 RR
🕛 Expected Duration: 45 Days
SUMMARY:
Based on the comprehensive analysis using Smart Money Concepts, a sell limit order at 1.3855 with a stop loss at 1.3955 and a take profit at 1.2818 is recommended. The setup shows strong bearish indications across various parameters, making it a high-probability trade. The expected duration for this trade is 45 days with a risk to reward ratio of 11 RR.
If any one want learn this type of analysis can contact
USD/CAD +50 Pips 0 Drawdown , New Entry Valid If You Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hourly Chart Analysis (1H) USD/CADThe hourly chart for USDCAD shows a significant move as the market fills a wick, indicating a rejection of lower prices. The highlighted area indicates a potential support zone that could hold the price, suggesting a possible bounce upwards from this level. This support area aligns with previous resistance turned support, making it a crucial level to watch.
USDCAD Robbery plan On Bullish Side to Make MoneyMy Dear Robbers / Traders,
This is our master plan to Heist USDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
USDCAD Trading Plan - 09/Jul/2024Hello Traders,
Hope you all are doing good!!
I expect USDCAD to react from the highlighted zone.
Currently USDCAD is correcting for another leg up, however, I am still seeing one more down after this leg up to complete bigger structure.
Plan to Trade:
If market gives bullish reaction at zone, I am a Buyer till 1.367 area.
Look for your BUY entry setups as per the above expectations.
Your follow and like will be a token of appreciation.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDCAD should find strong support hereIdea No : 18
13 out of last 17 ideas were successful and 4 still running, let's move on to 18th
although we have seen highs in DXY, this pair is somewhat on the backfoot and ranging
currently it is testing some key medium term trendlines and we expect to find support here and move upwards towards our green arrow
let's see...
#USDCAD: 550+ Pips Buying Opportunity! Do not miss out! FX:USDCAD
Price has started rebound from the area that we had previously had anticipated. However, we will now wait for price to breakthrough the inducement. The news on Thursday and NFP on Friday will be crucial for future of the pair.
**If you like our ideas, then please like, comment and follow us which will encourage to bring more educational ideas like this**
Team Setupsfx_
USD/CAD SHORT from 1.3725My positions SHORT EUR/USD and GBP/USD have been closed as its evident that SELLERS are now pushing the USD south.
With that in mind, I'mnow SHORT USD/CAD.
I was looking for this pair to reach the WR1 weekly pivot at 1.3744 but it now looks like this was a level too far and price has reversed 9 pips short of that target.
RSI on H1 has been over 70 for several hours and in the last 2 hours we've seen it fall to its current level of 55.
MACD has crossed south on H1 and the Andean Oscillator red SELL line has lifted away fro zero and is now reading .0005.
All the signs are that we are headed lower and hopefully I can get a decent + pip STOP on this trade before key news is released at 13:30 this being Prelim GDP and Unemployment Claims followed by Pending Home Sales 90 mionutes later.
If these number come out green then the USD will rise and this trade will exit for a profit but if the numbers come out red then this trade will accelerate to the downside and may reach the main target which is 1.3660 where there is a band of support.
The overall structure of USD/CAD remains BULLISH whilst we remain above 1.3660.
Should 1.3660 break then 1.3600 wil come into play.
USDCAD Trading plan - 25/may/2024Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up correctively.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDCAD Bank Money Heist Plan To Become a Rich TraderMy Dear Robbers / Traders,
This is our master plan to Heist USDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.