USDCAD_LMAX trade ideas
USDCAD WILL END ITS RISE AND WILL CORRECT FARAs you can see, there was a fakeout on the previous breakout at the resistance level and it is a good area for us to sell now in that area and target the area below there as our sell target.
Usdcad Usdcad sell now as we can see on 1week we are on a uptrend but on daily and 4 hrs we are on a down trend so we sell be4 de buy
USDCAD ShortMorning from this side, in ref to the posted pair yesterday (USDCAD), I actually missed the entry since it met my entry criterial because I was away from the computer, But right now i can see more juicy setup there, even a baby would be able to identify the pattern being printed by this pair currently. And hopefully it meet my entry criterial so i can get on it for a short position.
USDCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H and wait for possible reentry again
* 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 Analysis: Anticipating a New Bullish ImpulseUSDCAD is beginning a new bullish impulse after retesting the previous resistance area, which has now transformed into a strong demand zone. This retest is a crucial technical signal, suggesting that the pair is poised for a potential new upward movement.
By examining the Commitment of Traders (COT) report, we observe that the positioning of large traders supports a bullish outlook for the USD against the Canadian Dollar. This sentiment is further reinforced by our supply and demand analysis, which highlights the demand zone as a key level where buying interest has emerged, providing a foundation for the price to move higher.
Seasonality trends also play a significant role in our analysis. Historically, this period of the year tends to favor a stronger USD against the CAD, adding another layer of confidence to our bullish forecast. The confluence of these factors—the retest of the demand zone, favorable COT positioning, and positive seasonality—strengthens our expectation of a sustained upward movement in USDCAD.
We are closely monitoring the price action and are prepared to capitalize on this bullish setup. Should the price continue to rise from the current levels, we anticipate further gains. However, it's essential to remain vigilant and adapt to any market changes that might influence our analysis.
Additionally, for a comprehensive understanding of the factors influencing this expected bullish trend, please follow our detailed analysis on CAD futures provided below. This in-depth analysis will offer insights into the broader market dynamics affecting the Canadian Dollar and support our long position strategy in USDCAD.
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Unmitigated order block + Breaker blockHello everyone, it's been a while I posted any signal on here but that changes today...
This isn't a really high probability setup, It's right around a medium probability trade setup because of the possibility of price taking that current high but and this but is a huge one because I mainly take trades at breaker blocks and this one is especially Valid because of the M30 OB.
SL. 16 pips
TP: 100+ pips
Unmitigated order block + Breaker blockHello everyone, it's been a while I posted any signal on here but that changes today...
This isn't a really high probability setup, It's right around a medium probability trade setup because of the possibility of price taking that current high but and this but is a huge one because I mainly take trades at breaker blocks and this one is especially Valid because of the M30 OB.
SL. 16 pips
TP: 100+ pips
USDCAD: Expecting important breakout above Hello traders,
USDCAD: Trail for the week. Price moving upwards respecting the sloping trend line onto Strong resistance. Am expecting a buy signal up to 1.45185 price level.
USDCAD LONGUSDCAD looks to be ready for a breakout after spending months consolidating through the region it's currently in. I believe it has printed an ascending triangle, which is an indication of a potential big move to the upside.
USDCAD 30I think USDCAD may fall as long as 1.38500 resistance is not surpassed. If price holds below 1.38500 then look for 1.38900 and 1.37800 as target 🎯🎯 Good luck 🤞🤞
GBP/NZD Short, USD/CAD Short and EUR/USD ShortGBP/NZD Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USDCAD - Short Trade IdeaHere is my short trade trade for USDCAD.
Price took out trendline liquidity and a swing high on a broader outlook. Now we have reversed, creating a Unicorn model and equal lows as a target. I am waiting for a retracement into this area to confirm a trade. I would look at the lower timeframes at that point to determine if price isn't poised to trade higher.
- R2F
USDCAD, SHORTS are piling up..BUYERS exiting. prep for DESCENDUSDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting.
Expect some series of descend (downside) from the current price point.
Spotted at 1.36
TAYOR
Safeguard capital always.
USDCAD Scalping signalsUSD/CAD holds below 1.3900 on dovish Fed bets, eyes on US PMI data
USD/CAD trades with mild gains 1.3880 in Monday’s early European session. The uptick of the pair is bolstered by the risk-off sentiment. Traders expect one more 25 bps rate cut by the BoC in its September meeting.
BUY USDCAD now zone 0.38700-0.38500
↠ Stoploss 0.38300
→ Take Profit 1 0.39000
→ Take Profit 2 0.39700
USDCAD H4 | Bearish reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.3833, which is a pullback resistance
Our take profit will be at 1.3778, an overlap support level.
The stop loss will be at 1.3889, a multi-swing low resistance level.
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EUR/NZD Short and USD/CAD ShortEUR/NZD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• If tight 5 min continuation, reduced risk entry on the break of it.
• If tight 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
USDCAD Simple Trade PlansKey Short Zones exist where price has just arrived (repeated falls around this area).
Follow-through with short side impetus.
CAD generally weak, some USD selling is coming through but would likely be taken away should Risk off persist.
Usdcad sellI expect more bearish move on the DXY, thereby giving me a bearish bias on the usdcad, FED planning on cutting rate, stock crashing and hopefully more woes for the greenback if things keep going this way
Long position on USDCADLong position on USDCAD
In the 4H time frame, according to the higher low and the four-hour candle, the entry point
RE-ENTERED USDCAD BUYS RE-ENTERED BUYS ON USDCAD
stop loss was hit on previous entry - positive data came out for DXY so we are giving these buys another go with a tight stop loss.
USDCAD: Will Start Growing! Here is Why:
Looking at the chart of USDCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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