USDCAD SELLUSDCAD formed a bearish patent pattern before breaking below, this confirms that the market is going to be bearish. Trade with proper risk management and Entry, Goodluck traders.
USDCAD_LMAX trade ideas
USD/CAD +100 Pips 0 Drawdown , New Entry Valid To Who 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.
Ucad continuation longUcad completed 3 corrective wave. Wave C is weak im expecting price to pump from here
HEAVY Support AREA (1.35800-1.36300) !!! 200 Pips UP !!!Dear Traders,
i expect price will be bounce off from 1.35800-1.36300 Area
to Target 1 : 1.38000 , Target 2 : 1.39000, Target 3 : 1.4000
Dont Forget like&Comment please !
Regards,
Alireza!
Possibility of uptrend It is expected that the price will move according to the specified path and after the completion of the corrective pattern, the beginning of the upward trend will be formed
If the price crosses the support range, the downward trend is likely to continue
USDCAD ShortUSD/CAD Analysis on 1H Timeframe
Current Trend: Downtrend
Pattern: Bearish continuation pattern
Divergence: None observed
The USD/CAD pair is currently in a downtrend on the 1-hour timeframe. A bearish continuation pattern has formed, suggesting that the downtrend is likely to continue. Additionally, there are no divergences present, which reinforces the bearish outlook for USD against CAD on this timeframe.
USDCAD have potential to retest lowsUSDCAD have potential to retest lows, is on bearish lowterm move.
USDCAD - 4hrs ( Sell Trade Target Range 120 PIP ) Pair Name : USD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
1.37000 Area
Reasons
- Major Turn level
- Visible range Hvn
- inner Channel Break
- Day / week low
- Fixed Range Hvn
Bullish Reversal
1.36000 Area
Reasons
- Major Turn level
- Visible Range HVN
- Fixed Range Lvn
- Quarters Area
- Fibo Golden
- Major Choch
USDCAD breakdown usdcad has breakdown the daily support area and currently trading below support area very good opportunity to short at current level.
USDCAD1.USDCAD is on the verge of either breaking to the downside or reacting from that support zone.
2.If the price breaks below the support zone, then we wait for a retest of the break.
3.If the price shows us an H1 bullish candle reacting from the support, theb we take our buys up until a reasonable TP zone.
We wait
USDCAD Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36800 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36800 support and resistance area.
Trade safe, Joe.
USDCAD BearishThe release of the Core PPI m/m had a negative effect on USD which will cause USD to drop.
bulls IN later in the year.....????price action on the larger timeframes already is bullish.
more confluence for a possible retracement is the RSI divergence in the daily timeframe
though will price action break that resistance at 1.40000???????
USD/CAD CANDLESTICK PATTERNThere its a serious and very bearish potential candlestick pattern that its going to go all the way to the downside followed by the EMA that the price its bellow the EMA and this confirms most the candle stick pattern to be bearish. IF you like my ideas please support them and follow me:)
USDCAD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for USDCAD below:
The instrument tests an important psychological level 1.3728
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
Recommended Stop Loss - 1.3693
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDCAD: Go long on this pairHello traders am expecting to go long on this pair based on the analysis above. Before taking any position please look up for a confirmation. We see the candles ranging within the parallel channnel.
USDCAD Possible Long Position BBMA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
USDCAD Will Move Higher! Long!
Here is our detailed technical review for USDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.372.
Considering the today's price action, probabilities will be high to see a movement to 1.379.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Unmitigated order blocks + Breaker blocks = Profits everywhere !Hello everyone, hope we are all doing okay !.
I literally walked you guys through this trade, laid out every single reason for this trade and the icing on top of the cake was that it was only a 16pips stop loss with a profit target of 100 pips...i made good money off this A+ setup, hope you guys did as well !.
Stay tuned for more A+ setups not just on tis pair but others as well !.
usdcad buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDCADUsdcad possibel move to the upside, wait for breakout confirmation before going long, apply risk management. Good luck
USD/CAD snaps 5-day losing streak ahead of US PPIOver the past 5 days, USD/CAD has retraced -1.7%. And each day saw a loss of bearish momentum. A small bullish engulfing candle formed on Monday to snap the 5-day losing streak, and the fact it formed around the 50-day EMA and 61.8% Fibonacci level make it the more appealing for a bullish swing trade.
Bulls could target just below the 1.38 handle, with a stop just beneath last week's low. Or a stop could be placed below 1.37 for a more conservative reward to risk.
