I see this on the chart it promising place to put buy on the target For The C wave
Nice comparison of CADUSD and crude. CAD peaked in May 2021 whereas crude continued its move upward and peaked a year later. Both are now synchronized in their move down though I believe crude will start to accelerate soon. See separate charts on both of them.
Expecting the CAD to pushup into the Bearish OB from 09.22 | Target .76 - .765
The U.S.Dollar/Canadian Dollar made a Descending Broadening Wedge and broke the upper line of it. I expect U.S.Dollar/Canadian will go up at least until the resistance zone. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is...
Longing CADUSD into ~.725-.7275 as I'm expecting a return to the range high of .775 before a breakout to the upside Q1 23'
FX:USDCAD I think thats more a risky trade. For me there are only 2 entry points but I'm not shure which one it will be at the end. I'll probably look for certains pattern and if I don't see something I woudn't get in there tomorrow.
U.S.Dollar/ Canadian Dollar moved as I expected ✅🤑. U.S.Dollar/ Canadian Dollar is on the way to completing wave C. The end of wave C can be in PRZ(Price Reversal Zone) or the Support zone. Also, we can see a Head and Shoulders Pattern in the chart, which shows the continued downward. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 4H⏰. Do not...
Aside from the obvious H&S Pattern, we are at a supply zone area on the DAILY and WEEKLY Time Frame. Look for LONG positions after breakout & TEST of the RED ZONE.
U.S.Dollar/ Canadian Dollar found the fifth wave at PRZ(Price Reversal Zone). Now, U.S.Dollar/ Canadian Dollar is breaking the lower line of ascending channel by a bearish marubozu candle. I expect wave A can continue at least until the end of wave 4. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 4H⏰. Do not forget to put Stop loss for your...
U.S.Dollar/ Canadian Dollar was able to break the Trend line near the resistance zone, and now we are watching the pullback. I expect U.S.Dollar/Canadian Dollar to go down to at least the targets I specified in my chart. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want...
I can suggest that we have reached support zone at this price, so it would be okay to make some small trade, but with pretty tight stop loss. Be carefull - it's not financial reccomendation, just my analysis. Have a nice day!
Ascending Trend line Line - L/T Technical support from March 2020 lows. Using a weekly candle chart, Crude right on an upward trend line testing, using the March 2020 low. Crude should bounce from here current level having been tough to break over the last 2 years. Unless we are about to live a historical correction moment on Oil (liquidation/ news...
Hello my dear friends Here in the market, we expect the dollar to weaken. The Bank of Canada interest rate will be announced tomorrow. Currently, if the previous price floor ($0.749) is maintained and the current trend is above the price range of $0.7547, the possibility of an upward trend similar to the drawn scenario is strengthened. Be sure to keep in mind...
From here you can short USDCAD after we filled the imbalance and on the Lower TF we created a change of character to go short now. You can enter the trade now. Entry:1.29027 SL:1.29500 TP1:1.27580 TP2:1.26560 TP3: 1.25880 please like and comment what you think!
As we can see in the chart, the price is on an uptrend channel that is advancing to the bottom of the channel. If the floor is broken, we will have a sharp fall to the 1828 and 1800 ranges, otherwise we will have an increase to the resistance levels and the canal roof. In case of proper reaction to the floor of the canal, a purchase offer will be made. Its not...
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Elliotte wave pattern USD/cad buy 1.28468 and identify the next high probability trading