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Usdcadshort

USDCAD After the break of the triangle, we can now expect two targets in the ranges of 1.37496 and 1.38591. Before that, we must be careful that we have the range of 1.36995, the static resistance of the pattern, which must be broken. After that, it is very easy to reach the first target, but to reach the second target, we have 2 resistances based on the pivot points in the ranges of 1.37810 and 1.38185, which can be a reason to build a resistance range between the two harmonic targets. .
by maryammh
4
USDCAD (incl. all major CAD pairs) - Short; (very) Bearish!As a dyed-in-the-wool USD bull,(as of late) I've been fighting the urge to load up on the Loonie. - But I'm weak, so I fold. I also can't overlook the mounting evidence. All the planets are on their way for a (almost) perfect alignment for the Loonie; - It's been way oversold since the second half of 2022 (because of the rate hike pause by the BoC); - It is nearly impossible to make a case for anything other than one of (if not the") shallowest upcoming recession in the Western Hemisphere; - Their NATO role is "limited" - to put it mildly - and if anything that far away money pit (Ukraine) is filled by EUR & USD mostly, the least of all CAD; (If anything, the war may wake up Canada to at least start questioning their NATO membership role, all together - as it is even more pointless than it's ever been. (Who, and How, exactly is going to invade Canada?? ...) - Energy will continue to play a central role in world affairs; - It's a big place with few people, who have lots of stuff - including an idiotic central leadership, like Norway; (In politics, "The Greens" are like a watermelon; Green on the outside but red on the inside.) E.g., Long everything CAD, Short all else - for the foreseeable future.
Short
by Nemo_Confidat
USDCAD 3H: 21/02/2023: Short opportunity Daily TA: Well, you can see all the information on the chart. If you have questions feel free to ask. 💥💥💥Important note: At first I should mention that it's not investment advice then as you know, today's CPI for Canada will be published so it's a high-risk trade, and as always we need a low time frame confirmation. Last but not least, if you look at daily TA you can see price can move higher and then fall. So be aware!💥💥💥
Short
by VahidTradingCR
5
USDCAD - Daily Trade Idea - 13-Feb-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
USDCAD - Daily Trade Idea - 8-Feb-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX