RETESTING CONTINUESHI FRIENDS , this pair broke out for long around the area 1.37018 and continued to go up from there. it there turn down around the resistance and continued with its journey of retest. this retest should be complete around 1.36612. more sell can be takenShortby ForxTay2
USDCAD SHORT TRADE IDEAUSDCAD is making lower highs and lower lows It is a bearish trend, and the bear trend is continuing so we can trade the short side. details mention in the chart.Shortby ramzanMalik0150
Bearish drop?THE Loonie (USD/CAD) is reacting off the pivot and could potentially drop to the 1st support. Pivot: 1.3750 1st Support: 1.3663 1st Resistance: 1.3796 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets10
USDCAD - short term sells Short term corrective structure yet to play out - waiting for c wave move down before beginning of upside by Trading_Matrix0
USDCAD - short term sells Short term corrective structure yet to play out - waiting for c wave move down before beginning of upside by Trading_Matrix0
11 RR Sell Setup for USDCADCore Analysis Method: Smart Money Concepts Based on the Smart Money Concepts methodology, we have identified a strong demand zone on the daily timeframe, which has once again given a strong rejection, changing the price character from bullish to bearish on the H1 timeframe. 😇 7 Dimension Analysis Time Frame: H1 Swing Structure: Bearish CHoCH from higher timeframe zone rejection. Took inducement and now ready for a corrective swing move with its 1st pullback. Internal structure turned bullish for a correction towards extreme and decisional POI (Order Flow or Order Block). Preferred POI: Order Flow in the Premier zone of the swing. Entry Model: Regular SMC. Daily Resistance: Supply zone where sellers still have full control, with the 3rd breakout attempt failure. Pattern: 🟢 Chart Patterns: Reversal: Head and Shoulders pattern is clearly visible and completed. 🟢 Candle Patterns: Observed multiple reversal candlestick patterns on the daily timeframe, including Doji, Long Wick, Engulfing, and Dark Clouds. These patterns indicate strong bearish momentum at the level. Volume: 🟢 Very massive volume observed on the daily timeframe right before and after rejection, with the price reacting bearish. This is a strong indication for a sell position. Momentum RSI: 🟢 Price is in the bullish zone yet, but strange things are noted in terms of momentum on the daily timeframe. 🟢 Strongest 3-candle divergence and loud moves. According to Andrew Cardwell's method (used for momentum analysis with RSI), loud moves are almost 90% confirmed moves. Volatility Bollinger Bands: 🟢 After one of the longest contraction phases, the breakout to the upper side was unable to give the expected move and was rejected after a squeeze breakout. 🟢 Walking on the band took a rejection with a head fake, indicating strong bearish control here. Strength ADX: Neutral Rating: ⭐⭐⭐⭐⭐ Entry Time Frame: H1 Entry TF Structure: Bearish CHoCH POI: Waiting for mitigation Decision: Sell limit order with extreme risk (as per my money management strategy). 🚀 Entry: 1.3855 ✋ Stop loss: 1.3955 🎯 Take profit: 1.2818 😊 Risk to reward Ratio: 11 RR 🕛 Expected Duration: 45 Days SUMMARY: Based on the comprehensive analysis using Smart Money Concepts, a sell limit order at 1.3855 with a stop loss at 1.3955 and a take profit at 1.2818 is recommended. The setup shows strong bearish indications across various parameters, making it a high-probability trade. The expected duration for this trade is 45 days with a risk to reward ratio of 11 RR. If any one want learn this type of analysis can contact Shortby Optimum3690
USDCAD Potential Risk Off Re-boundPrice has fallen from repeated highs as Risk Off sentiment wanes. Preferring long ATM on current re-bound. Risk off continuation is reasonably likely and would probably spell a continued move back to highs in the near term. Anything lower, constitutes longs also.by WillSebastian228
USDCAD at supportIntraday Update: The USDCAD is back at the 200dma and 61,8% retracement as crude oil is completing an inverted head and shoulder and building on its near term rally. We would expect buyers to be present at current levels. Longby ForexAnalytixPipczar3
USD/CAD STRONG CANDLE STICK PATTERNNow watching the Daily timeframe we can see that the price its on a very strong candlestick pattern that can goes all the way to the downside looking for lots of sells, and as you can see the pattern its confirmed too by the MACD that its allready poassing the MACD signal all the way to the downside of the market. Talking into fundamentals the news show strong Canadian movements that also confirm the selling oportunities. Please support me and follow me to bring more ideas :)Shortby hcarbajal123
USDCAD What Next? BUY! My dear friends, Please, find my technical outlook for USDCAD below: The instrument tests an important psychological level 1.3738 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.3787 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignals111
USD/CAD DESENDING CHANEL PERFECT VIEW!As you can see the price in 30 min has created a perfect dessending channel formation and the perfect entry its in that order block that i have mrked in the chart or you can entry to on a Fibonacci point for the sellers to get many profits with this desending channel.Shortby hcarbajal121
USDCAD BearBias Ranging Fundamental Analysis USD & CAD ranging both bearish data Price Action: Price break H4 bullish TL & H4 SR level. In H1 Price respect the Bearish H1 TL. Price retrace back into H4 SR level. Price rejected from H4 SR level, Price broken through H1 SR level. Bearish Momentum is strong Set up: Short entry H1 SR level SL 2xATR(20) TP next H4 SR level R:R 1:5Shortby royschen070
USDCAD: 3 days breakout traders short in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day 3 Days Long Breakout 3 Days Short Breakout ✅ Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside Backside ✅ 4. THESIS: Long: primary, 3 days short in the market can be a nice signal of potential reverse, especially if the market consolidate at the low of the week. However, is still on the backside move, still placing lower low and if a setup will present, I would consider it only a scalp stop hunt for the day. Short: secondary, still interesting, lot of space down low, but London and Asia session are potentially setting up for a long, not interested at the moment. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichichero336
USD/CAD +50 Pips 0 Drawdown , New Entry Valid If You Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Short01:06by FX_Elite_Club2217
USDCAD 1H Price fulfilled our last idea on USDCAD. So today after a BoS on 1H timeframe, am looking for another drop towards 1.37300. Good luck 🤞🤞🤞Shortby vbenking910