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Usdcadshort

USDCAD - PRICE GOING FOR 1.30000 ZONEThey say never time the market. Well, I make profits from timing the market. "LOOK BEFORE YOU LEAP". USDCAD has respected my analysis just like many other pairs I'm analyzing. The market-maker did push the price to around 1.39900 to take out some STOP LOSSES. Now price is headed for the 1.30000 zone (My 1st TP). I'm in deep profits and will be taking partial profits at the 1.30000 zone. Congratulations if you were BEARISH on this pair with me! ............................................................................................................................................. Check out my previous analyses
Short
by SMCSmartSniper1
2
USDCAD: The Bearish Move Is Not Over YetUSDCAD: The Bearish Move Is Not Over Yet This is an idea I shared 3 days ago. After the price completed the Head & Shoulder pattern, the bearish wave reaction was very aggressive. The price has already reached the first target and only by calculating it from the neckline of the pattern it was 160 pips😁 Considering the current political situation in the U.S, the price should continue to move lower even if we see any minor correction on the way down. Objectives: 🎯 1.33417 done :) 🎯 1.31713 🎯 1.29887 Thanks and good luck! Previous Analysis:USDCAD: The Bearish Move Is Not Over Yet
Short
by KlejdiCuni
6
USDCAD - Daily Trade Idea - 11-Nov-22USDCAD (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
1
Possible Head & Shoulders; USDCADGood Day All, Stumbling across the USDCAD 1D Chart, I observed a possible Head & Shoulders pattern ranging from 23th Sept to 4th Nov. Though by chance, After the major price rejection at 1.39790 not letting price touch the 1.4 mark, The traders seems to have taken control sending it down a controlled pattern giving Novice Traders like myself the idea it'll fall. At first sight it may seem the case but by recent personal events I've determined it isn't always the case. Do pay attention to incoming news and such as they can either slingshot prices toward the SL or the TP hopefully. Please do your own analysis first before deciding whether to follow this or not, while I may not mind sharing gains, I wouldn't like to see others suffer losses due to my own. Recommended Order Type : Market Sell Take Profit 1 : 1.33250 Take Profit 2 : 1.32600 Take Profit 3 : 1.31820 Stop Loss : 1.35750 R/R Ratio : 2+ (ONLY IF TP3 HIT!) R/R Ratio : 0.9 (TP 1) Prediction Nullifying Requiems: Price out of bounds or beyond the 1 W mark. P/S: Do Consider Lowering The SL before letting it run as R/R seems a bit low.
Short
by xevious000
6
USDCAD - Daily Trade Idea - 9-Nov-22USDCAD (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
1
USDCAD - Daily Trade Idea - 8-Nov-22USDCAD (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
USDCADso this is a tricky area for cad the main thing is the trend is down so im looking and waiting for sell setups at the moment now with that being said there is equal lows meaning theres a nice amount of liquidity resting below 1.34600 area so im looking for break of that for a sell or for buyers to push price up to retest that trend line area possible even retest the orderblock for a nice move down just have to wait for the setup to break structure to the downside b4 getting in
Short
by wolf_pack
1
USDCAD - Daily Trade Idea - 7-Nov-22USDCAD (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
1