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Usdcadsignal

USDCAD : Short Trade , 4hHello traders, we want to check the USDCAD chart in the 4-hour time frame. After moving in an ascending channel, the price has reached the specified resistance level, and this level has prevented the price from continuing to grow, and the price has fallen from this level, and the ascending channel has moved towards The bottom is broken. In order to be more sure that the price has a downward trend, the price must be able to break 1.35700 downwards, and if the bottom of this level stabilizes, we expect the price to fall to around 1.34700. Good luck.
Short
by mrAT_Trader
4
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 - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. We think it will go up to the 1.3792 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3367 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
by benny_marshall
1
USDCAD 4H: 25/01/2023: First short then Long! Well, As you can see the price is in the trading range and there is liquidity on both sides of this range that can be interesting for the price to collect them. For now, we expect the price to collect the liquidity pool below 1.33164 and then touch the demand zone or move to a higher target that you can see on the chart. 💡Wait for the update! 🗓️25/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1