Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement at Fibonacci Level - 78.60%. Completed Impulsive Waves " 12345 " and " AB " Corrective Wave Entry Precautions : Don't Enter Until it complete Correction
i know its an risky trade but i trust my gut, i going shot in this pair as a swing trading and also if had any chance of taking any intraday or scalping trades i am going to take those trades according to its market directions
This is for short term Marked Possible Sell zone Once Reached Entry zone Look for Liquidity sweep and BOS then Enter And this is risky too. Please DYOR before entering the trade.
We have a lot of liquidity above our area of interest that the price must take to continue in our direction, it may be that in Asian time it will be in a range and when London opens it may manipulate below and continue on its way
USD/CAD bounced nicely off of 1.36300 for a nice 200+ pip run to the upside. We ended last week with a Daily Pin Bar Bear candle, and DXY (Dollar Index) was in a trading range. Where does that leave us for this week? First, we're in a bull channel which means the probability of profit is in the bull's favor. I am looking for a long entry and have no interest in...
H4 - Bearish convergence. Currently it looks like a pullback is happening. Bearish hidden divergence. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Bearish divergence. Until the two strong resistance zones hold my short term view remains bearish here.
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Completed " 12345 " Impulsive Waves at Daily Resistance Level. Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Upper Trend Line. We have CHoCH and Divergence in RSI Entry Precaution : Wait for the Proper Rejection or Breakout
I am sold it because on D1 time frame market made HH but the confirmation of sell I got on H4 time frame. Hope we will make handsome profit on it. This trade may be long term trade to hit TAKE PROFIT 3.
Educational Analysis says USDCAD may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker FXCM. After Ranging on the daily timeframe, A 4-hour time frame Made a Recent Upward Impulse Move that broke recent resistance and went for a new high, Long setup after eating stop...
USDCAD turning around to the upside.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Channel: GREEN WK Pivot: GREEN AOB: WP CON: EngB BUY Stop: 1.37578 Stop Loss: 1.36602 TP01: 1.38554 DWR present as a buy setup on 25 OCT, with Channel and Pivot are green bouncing off EngB However, trade is not taken/considered SPX500: SELL DXY: UNSURE OIL: BUY GOLD: BUY
Bullish USD/CAD Short-term Opportunity 📈 Recent USD strength suggests a potential short-term bullish opportunity for USD/CAD. Set risk parameters, and stay informed for a tactical trade. After the market breaking the previous structural low, watch for any bullish reversal patterns during the pullback. Good luck! 📈💼📊💹 OIL can also let this play out differently...
Here is my analysis for USDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USC/CAD may have established a new support with the Weekly resistance as shown in in my USD/CAD Weekly Analysis Idea from October 9th. We have several factors pointing to remaining long at this stage: 1. Currently in a Bull Channel 2. Weekly Resistance is starting to act like Support 3. We have a minor Bear Channel/Bull Flag on the hourly 4. Last weeks Weekly...
Previously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.
Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!