Usdcadsignal
USDCAD : Will it turn BearishUSDCAD ;
Trade : Short/Sell
Profit Target : 7% < 15% (Swing & Long term)
Trade Type : Reversal
USDCAD SELL SHORTS from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
SMALL LOT SIZES
USDCAD at top side resistanceUSDCAD
CAD pairs are mostly influenced by the price movements in oil market
USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
The upward trend-line was broken in One hour chart
We can expect short term fall back as its in overbought condition
We can enter at the 1.44700 level which is 78.6% Fibonacci level
Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
In between this level there is major deciding level is there which is 6.8% Fibonacci
Leave your valuable comments below
USDCAD short trade ideaPlan : wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD-opposite to the safe heaven assetsUSDCAD
The CAD movement is mostly based on the movement in oil market.
As the Canada is one of the major oil exporting countries and their economy is also depends on this type of oil based industries
After touching the march low which is 1.33250 it has reached almost 1.40000 level
We can expect short term fall back towards 1.36400 which is also a 50% Fibonacci
Suitable long positions may opened at this level
Potential take profit will be 1.40000
Stop lose may placed below the 100 EMA zone as i marked in the chart
Leave your valuable comments related to this pair
USDCAD - DAILY - SHORT SETUPUsdcad has been uptrend for over 3 weeks and now its at a monthly supply level so we can see a correction on the way on daily and H4 timeframes.
#USDCAD, Keep buyingThe USDCAD is above the important moving average lines (100,200).
The candles are located above the Ichimoku cloud
The trend is a definite upward trend
Target: The USDCAD will look for a resistance line and this line is at 1.3980 so that will be our target.
Can USDCAD run for 1.39?USDCAD broke the recent 34 month top at 1.375.
This push is the strongest since early 2019.
After a retrace in asia session, looking for more moves to the upside.
DAY TRADING INDICATOR STILL HOLDING THE TREND LONG FOR THIS SESSION.
USDCAD buy on H5we might see a potential continuation trend if price be able to bounce from 1.3200 support level which align with trendline support.
Plan : wait for price to bounce off from horizontal or trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USD/CAD LONG SET UPUSD/CAD BUY
Entry 1 1.32444
Entry 2 1.32380
Sl 1.32280
Tp.1 1.32644
Tp.2 1.32844
Tp.3 1.33044
USDCAD has broken its trend channel! whats next?USDCAD has caught my attention these past few days (pls take a look at my roadmap! link attached below) and its trend channel development is also similar to USDSGD, price reacts to the daily key resistance level and we will wait for price retracement before placing any sell order.
Plan : wait for prices to bounce off from key resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD - DAILY - MAJOR SHORT SETUPUsdcad - Daily - The time has come for a bearish reversal on this pair.. great R2R and setup..
USDCAD - Waiting...I think we have to wait for a correction, then make a decision, because we are in a huge downtrend in 1D.
USDCAD, price inside a rising wedge pattern!Plan : trendline breakdown --> wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD trade idea on H2Plan : wait for prices to bounce off horizontal key support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
My Idea on USDCAD for the weekIm looking for buys but first Im specting price to reach heavy zones of rejection also keeping on mind the reversal patterns
CATHC THE DROP ON USDCADANALYSIS ON USDCAD
Welcome to my analysis
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4 HR CHart
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Interesting Point of interest In the USD/CAD pair.
- Price below 200 day EMA.
- look for sell signals.
- possibility of 1 more move to the upside.
- Watch 1.31150 for sell signs.
- MACD showing hidden bearish divergence
Long term i am expecting move to the Downside. Will update soon
Stay Tuned
Another Idea on USDCAD Ill be looking for buying opportunities but only if price breaks zone meanwhile market might go side ways keeping a look out on this pair.
USDCAD 100 Pips pullback possible??bounce form important support level so expected at least to touch the trend lone
