USDCAD-SELL strategy Daily chartThink the pair is undergoing a correction, and this can take us back towards 1.3850 short-term. the stochastic, RSI are showing potential, and GANN support is 1.3840. Strategy SELL @ 1.4015-1.4050 and take profit @ 1.3878 for now. Shortby peterbokma3
Bearing USDCADWeakening USD relative to other instruments. Rejecting the 0.236 fib line and testing the broken trend line. This could see some moves lower.Shortby omegatradez7
Downward moveLooks like a bounce off the fib line and a test of the broken down trend. This could see more downward movement.Shortby omegatradez118
Bullish reversal off pullback support?USD/CAD is falling towards the support level which is a pullback support that is slightly above the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3952 Why we like it: There is a pullback support level that is slightly above the 61.8% Fibonacci retracement. Stop loss: 1.3900 Why we like it: There is an overlap support level that lines up with the 78.6% Fibonacci retracement. Take profit: 1.4003 Why we like it: There is a pullback resistance level that is slightly below the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Longby VantageMarkets3
usdcad m15 buyhi im in trade with thispair expect to go previous highLongby zahrakhezerlou72Updated 2
USDCADHi ive entered a LONG For USDCAD - BULLISH TREND WITH DXY - TRADE AT YOUR OWN RISK - Any feedback would be appreciated ENTRY 1.39420 TP - 1.40000 TP2 - 1.40310 SL - 1.39013Longby leonarmahUpdated 4
USDCAD | 18.11.2024SELL 1.40800 | STOP 1.41400 | TAKE 1.40200 | The USDCAD pair is correcting as the growth rate of the US dollar accelerates and only increases the potential for a further upward trend for the instrument, which did not stop on Friday, despite positive statistics from Canada. If the price declines or consolidates below the support level of 1.40200, further sales with a target of 1.38500 will be relevant.Shortby ProPhiTradeUpdated 2
USD/CAD continues the downtrendOn USD/CAD , it's nice to see a strong sell-off from the price of 1.40170 and 1.40440. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. Downtrend and high volume cluster are the main reasons for my decision to go short on this trade. Happy trading, Daleby Trader_Dale2
USD / CAD POTENTIAL FOR BUY OPPORTUNITIES DESCRIPTION USD/ CAD is currently bullish on bigger TF i.e. daily TF , hence my analysis here is based here on the overall swing structure of the Daily swing and ATM the price is at the daily 50 % ( premium zone. hence a potential for opportunities is there. What to look for - In small TF i.e. 4hr ,1hr, or 15 min TF look to see the bullish pattern for the buys i.e. as I have marked in the chart , I will be looking to see if the 1 hour fractal structure ( wick marked in the chart , u can see ) that has been accumulated in the Asian session to be broken and look to entry on the retest of the fractal wick .( NY session will be more ideal for entries. ) MY CONFLUENCES. Market structure belows SWING STRUCTURE OF THE MARKET. IBOS - INTERNAL BREAK OF THE STRUCTURE - SIGNALS POTENTIAL INTERNAL STRUCTURE IS ABOUT TO START / END. FRACTAL STRUCTURE OR CHoCH ( change of character ) , Again fractal structure ffocuses on wick break , shows us internal pull back is about to start or end. Always trend inline with overall swing structure , can trade on certain pullbacks offline with overall swing structure but very cautiously. Longby rubinGrg4
nice trade setupprice should touch the higher time frames supply zones here i suggest a pretty nice position by a 1:1.5 RR ratio this is an educational article.Longby mohammadhassanliUpdated 3
USD_CAD GROWTH AHEAD|LONG| ✅USD_CAD has retested a key support level of 1.3950 And as the pair is already making a bullish rebound A move up to retest the supply level above at 1.4031 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx114
USD/CAD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! USD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.393 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals113
19-11 USDCAD 19-11 USDCAD The CPI in Canada is better than expected. Better expected figures than the US. Actually the short movement had already started. Our signal system still gives a score of +1 but that will quickly become bearish. The current Score is +1 which is composed by Cot Data 0, Retail sentiment 1. Seasonality 1, Trend reading 2, GDP -1, Manufacturing PMI -2, Services PMI 1, Retail Sales 2, Inflation -1, Employment Change -2, Unemployment Rate 0, Interest Rates 0.Shortby Probeleg2
A Bearish Setup on USDCADA bearish setup on USDCAD, The 1H timeframe made a perfect bearish flag which has no divergence and the alligator indicator is also being opened on this. This can be good potential trade to make 1:2 profit. Below is the trade setup. ENTRY: 1.40040 SL: 1.40271 TP:1.39403Shortby azanm28272
USD/CAD "The Loonie" Bank Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist USD/CAD "The Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point. Stop Loss 🛑: Recent Swing High using 30m timeframe Attention for Scalpers : Focus to scalp only on Short side, If you've got a 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 💰. Warning : Fundamental Analysis news 📰 🗞️ 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. Stay tuned with me and see you again with another Heist Plan..... 🫂Shortby Thief_TraderUpdated 3
USD/CAD: Eyes on inflation as reversal sets stage for downsideThe Canadian dollar delivered a reversal signal against the greenback on Monday, with USD/CAD printing a bearish engulfing candle on the daily chart. After trading within an uptrend since early November, this suggests directional risks could be turning, even if momentum indicators like RSI (14) and MACD are yet to confirm. USD/CAD briefly tried to bounce during the Asian session but stalled at 1.4034, the low from last Friday. For those considering shorts, this level provides a decent setup, allowing for entry beneath with a tight stop above for protection. To make the trade stack up from a risk/reward perspective, it will require the price to break minor support at 1.4003 first, opening the path toward 1.3959, a level that acted as resistance in late October and early November. Today’s inflation report is a standout in a slow global data week. The annual CPI rate is expected to climb from 1.6% to 1.9% in October, nearing the midpoint of the Bank of Canada’s (BoC) 1-3% target range. Core inflation, which is the average of Statistics Canada’s trim and median CPI readings, is expected to print at 2.4%, slightly above September’s pace. With the BoC forecasting core inflation of 2.3% by December, a result in line with market expectation should do little to diminish the view that further rate cuts are in the pipeline. However, an upside surprise could see the BoC start to slow the pace of easing. Such an outcome would improve the prospects of the trade succeeding. Good luck! DS Short03:08by FOREXcom7
USDCAD pullback to key support Intraday Update: The USDCAD has worked off overbought intraday RSI's and is now mid range. The pair has also found support at the 38% retracement at 1.3999 (today's low at 1.4004. Further support is 1.3979 and back above 1.4050 may suggest the near term pullback is over. Most retail platforms are reporting nearly 90% (or more in some cases) are next short USDCAD. Longby ForexAnalytixPipczar2
NEW IDEA FOR USDCAD The USD/CAD pair has formed a bullish harmonic bat pattern on the one-hour timeframe and can now rise to the 78.6% Fibonacci resistance at 1.4073, provided the important support range in the 1.3950-1.3939 range is maintained.Longby arongroups3
USDCAD BULLISH TO $1.42Overall still bullish on USDCAD as my Elliott Wave Theory strategy predicts little upside is left, AFTER a retracement. ⭕️Wave 3 (III) Complete. ⭕️Wave 4 (IV) Correction & Final Wave 5 (V) Bullish Leg Yet Pending. ⭕️DXY Bullish, Meaning USDCAD Is Still Bullish. Longby BA_Investments3
LONG SIGNAL DAYTRADINGStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation. Longby GOLDBERG_INVESTMENT2
USDCAD Short Sell OpportunityUSDCAD is following a decending pattern and there is an opportunity to short sell with TP & SL targets on the decending parallel channel supports & resistances.Shortby GulKiyani1
USD/CAD: The Breakout Beast Ready to Crush 1.42 Ladies and gentlemen, meet the USD/CAD – your favorite currency pair's favorite currency pair. 🎯📈" The Head and Shoulders Gym Session: Classic Head and Shoulders pattern in play here. Left shoulder? 💪 Bulging. Head? 🧠 Standing tall. Right shoulder? 🤷♂️ Trying to keep up, but hey, it tried. That breakout above the neckline? 🔥 The USD is basically yelling, “I’m not just a pretty chart; I’m a trendsetter. 🚀” Support and Resistance – The Classic Frenemies: The 1.40 level is the VIP rope 🪩 – it’s been tough to get past, but the USD is muscling through. 💥 If this party keeps going, the next stop is 1.42 🏔️, where resistance might throw another temper tantrum. 😅 RSI – Overachieving Much? RSI above 70? 😎 This pair is flexing harder than a bodybuilder on stage. 💪 But be warned: markets hate staying in extremes too long. 📉 A pullback could bring it back to Earth. 🌍 Trendline Up, Confidence Up: That dotted upward-sloping trendline? ✨ It’s like a personal trainer yelling, “Keep pushing higher! 🏋️♀️” Recent movements suggest USD/CAD is feeling the hype. 🔝 🎲 Prediction Time: If 1.40 holds: fireworks to 1.42 and beyond. 🎇 Bulls are partying hard 🐂💃, and the bears? They’re packing for a vacation. 🐻✈️ But if it falters? 😬 Back to the grind below, maybe chilling at 1.38 like it’s Netflix and consolidation time. 📺📉 This chart is screaming bullish vibes louder than a Friday night karaoke session. 🎤🎶 But remember, overconfidence kills trends faster than a bad DJ clears a dance floor. 🛑 Let’s see if the USD keeps climbing or hits gravity hard. “USD/CAD, are you ready to go the distance, or will gravity call you back? 🚀🌍”Longby EdgeDotForexUpdated 2