USDCAD Long Analysis 01/05/2025Bullish on HTF
Trendline Breakout
TP preferably at the green fib level, just in case of a pull back.
CADUSD trade ideas
Tue 1st Apr 2025 Daily Forex Charts: 4x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 4x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a CAD/JPY Sell, GBP/CAD Buy, EUR/AUD Buy & a USD/CAD Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
USD/CAD trandline breakout 4h bullish setup USD/CAD currency pair on the 4-hour timeframe with a bullish setup. Here's a breakout of key elements:
Analysis:
Entry Point: Around 1.43100 (breakout of the trendline).
Targets:
Target 1: ~1.43827
Target 2: ~1.4500
Final Target: ~1.4700
Stop Loss: Below 1.4236 (marked in red).
Support Levels:
1.4183 (key support)
1.4236 (another major support level)
Resistance Levels:
1.4382
1.4500
Trade Idea:
A breakout above the trendline signals a bullish move.
Entry confirmation could come from retests or bullish candlestick formations.
Ensure risk management with a proper stop-loss placement.
Would you like me to refine this based on any specific indicator or confirmation strategy?
It looks like a wedge!If you're not a chartist, then see it as a liquidity grab at the marked red dot.
We probably still have another 100 pips of leverage left, maybe more!
Remember that a crowded area is a liquidity-starved area.
Don't forget that patience pays off!
Apply your own strategy to find the entry, or here's a little setup; that's what I'm waiting for.
Keep It Simple!
Don't forget to follow me.
USDCAD: Price Action & Swing Analysis
The analysis of the USDCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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USDCAD Wave Analysis – 31 March 2025
- USDCAD reversed from the support zone
- Likely to rise to resistance level 1.4500
USDCAD currency pair recently reversed from the support zone located between the support level 1.4255 (which has been reversing the pair from the start of March), lower daily Bollinger Band and the support trendline from November.
The upward reversal from this support zone started the active intermediate impulse wave (3).
Given the strong daily uptrend and the bullish US dollar sentiment, USDCAD currency pair can be expected to rise to the next resistance level 1.4500 (which has been reversing the price from January).
USD/CAD For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
USDCAD-bias long Bullish indications:
daily : trend line resistance broken .
made a new high.
formed IHS in 4 hr
PHigh is broken at the exact right point where the trend line resistance . it makes a support zone now .IHS formed again in 1 hr is a confirmed confluence
take long .
30 min: One more IHS formation which indicates strong bull trend here.
Bearish indications:
5 min bearish divergence.
Trade plan bias long @ 1.4331
SL:1.4296
TP1:1.4366
TP2:1.4401
Bearish USDCAD Continuation The USDCAD pair is currently exhibiting bearish pressure, with the price hold key resistance levels, signaling a potential move lower
usdcad sell a valid h4 poi usdcad sell from a valid fractal orderblock with h4 and h3 ob and now provided a valid orderblock in the m15 with no inducment which can pose a little risk and all but the h4 has a valid inducment s
USD will remain Bearish against CADUSD will remain Bearish against CAD.
USD has been weakest against CAD for the last 2 months and will continue.
USD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
The BB upper band is nearby so USD/CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.427.
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Descending Triangle on USDCADNoticing a descending triangle chart pattern on the 4H timeframe for USDCAD. The descending triangle is a neutral pattern suggesting two scenarios but usually plays out on bearish scenarios.
Price had been giving us LHs and equal lows. Combined with the corelation with DXY we may see bearish movement. However, confirmation is key. A break below the support will confirm the bears are in control. Alternatively, a break above the trendline AND the resistance I marked out suggests the bulls are in control.
usdcad still in range ? The USD/CAD is sitting at a critical support level in its rectangular trading range. The VRVP (Volume-Weighted Average Price) shows strong institutional interest right here, and the COT reports suggest leveraged traders aren't aggressively buying USD. This points to a potential bounce or consolidation zone. The daily chart and hourly timeframe are both showing similar signs - we're at a key support where smart money seems to be positioning themselves. It's a classic setup where the market is potentially setting up for a move, but waiting for a clear catalyst.
The key is watching how price respects this support level and looking for confirmation of either a bounce or a breakdown. i would want to see a solid rejection of these lower prices or a clean break below.
if not the range will confirm for now
USDCAD 1 hr Chart Long IdeaHello Friends,
USDCAD found support on 4h timeframe and thus gives us opportunity for long positions.
Entry = Market Price
SL = 1.42509
TP = 1.43751
We can break even the position after crossing 1st resistance at 1.43077
Please like, share, and follow for more ideas.
Thanks
USDCAD(Review and Speculation for the Day)Previously our Analysis was looking out for BUY but now,we look out for SELL.ENJOY!!
USDCAD is ready to short againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
USDCAD looks to be continuing downwardUSDCAD will continue down the downward channel, breaking support below. Then we will wait for the retest of resistance before we place the trade. If it breaks the top channel trendline it will continue upwards to the next trend line in chart. also, wait for retest of that scenario as well.
USD/CAD(20250325)Today's AnalysisToday's buying and selling boundaries:
1.4294
Support and resistance levels:
1.4357
1.4333
1.4318
1.4270
1.4255
1.4232
Trading strategy:
If the price breaks through 1.4294, consider buying, the first target price is 1.4318
If the price breaks through 1.4270, consider selling, the first target price is 1.4255
I'm adding more USDCAD short here!!I've not been happy with UCAD price movement. It is fast. Hit me out fast or go for TP, but either one, be fast about it. This guy has been going down albeit slowly. I'm adding more positions here as I know it will fall.
Dont mind those telling you to buy, it is not buying. You're still early to the move.
Ya gaziere unu
