4h time frame analysis on USDCAD . Price action & market breakdown
If we use BB H4, we can see that price try to go higher, but loses momentum, and showed signs of change of trend. USDCAD might be going down after some retest on some key support & resistance level.
#USDCAD-Long USDCAD is standing at the higher low level of uptrend line of long timeframe. Looking for buy move.
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
USDCAD 4H OPEN POSITION =1.23600 TAKE PROFIT 1=1.28750 TAKE PROFIT 2=1.2939 TAKE PROFIT 3=1.30935 S/L =1.22485 BEST REGARDS
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
Hello Traders! Check Related Idea for market context!! I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. Thanks for the...
last week usd cad broke a very important resistance zone and now market is back at the broken structure to retest the area as we can all see a double bottom on H4 on demand zone it indicating a good area to buy look for bullish confirmation on lower time frames and enter long with your own money management always remember patience & discipline are the keys...
TECHNCICAL ANALYSIS FIRST; now we wait for A>B>C PATTERN to complete wave 4 n 5 are need another clues to show future price move we might have. PSYCHOLOGY LEVELS N DEMAND AND SUPPLY TO CHECK: Price from 1.25 having upward push due to our last demand APPROVED by BULLISH PIN BAR in last zone of 1.25... HUGE momentum shown by 4h candle releif as to buy the price......
UC going to short. Its create rising wages with hidden bearish divergence!
UC create hidden Bearish Divergence Now Ready for short!
UC Create strong bullish divergence with bullish butterfly pattern. TP's point underlined.
USDCAD just broke below major support ! Price had been consolidating and forming price structure and it has finally touched and broke this zone. Currently it is rejecting and price action is playing out to fully unravel entry and confirm direction. We will now be looking for entry confirmations to the downside to 1.24800 price areas Please do like, comment and...
USDCAD 4HR : After crossing the triangle pattern price moving towards 1.26500..Since this fresh 4HR support Zone and also Fresh Weekly Support Zone.. Price Tends to Move up..Wait For Confirmation And then GO LONG..