. 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
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.
📉 USDCAD: Navigating Short Trade Waters with Elliott Wave Precision 🌊📉 Embark on a journey through the waves of USDCAD as we unveil potential short trade opportunities utilizing the precision of Elliott Wave Analysis. Dive into the intricacies of wave patterns, identify key resistance levels, and explore advanced strategies tailored for short trades. This...
Sell USDCAD Double Top M30 CHart - USD/CAD - Double Top Pattern its good chance to sell today Thank you
Hey, i'm posting this since i feel like i have enough confluences to take this short. -DXY Tapped Daily FVG(Probably a strong pull down to the Weekly BISI/EQLs) -Price at Premium & OTE, Breaker Block at .705 Fibonacci -Daily & Weekly FVG -IRL & ERL Cycle being respected
USDCAD broke the Crucial consolidation support, liquidity was grabbed at London session. Going Short On USDCAD
I am biased for a sell on USDCAD. I believe it is heading to the 4 hour trend line. This sell is formed by a break and retest to the downside heading towards support on 1 hour structure.
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.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
This pair is on the cusp of a pivotal higher time frame zone that could trigger hefty selling. Recall last week's spike? Prices surged, barely grazing the 1.39 mark before tumbling nearly 300 pips by week's end. This week, however, prices have retraced almost entirely, hinting that buyers might be gearing up for a shot at the 1.40 level. That 1.40 mark is...
The Canadian dollar has depreciated below the 1.37 per USD mark, nearing the one-year low of 1.39 recorded on November 1st, due to the ongoing influence of the Federal Reserve's hawkish stance, which is putting pressure on the loonie.
📉 Navigating the Loonie's Descend: Capitalizing on USDCAD with Elliott Wave Expertise 🌊📉 Dive into the ever-evolving USDCAD market as we unveil profound insights for potential short trade opportunities. Rooted in Elliott Wave Analysis, this analysis will guide you through deciphering wave patterns, identifying critical support and resistance levels, and employing...
USDCAD for some time now has been revolving around 1.310 support and 1.3878 resistance level. The overall structure can be said to be bearish looking at the WXYXZ structure formation. From, trading perspective, I expect it to continue to fall from that height 1.3800 back to 1.3100 zone to complete the z of the WXYXZ complex structure.
As it is clear from the chart USDCAD has run the buy side liquidity at 1.385 Then we see 2 strong down candle which can indicate a market structure shift. There are equal lows at 1.345 which price can runs there and raids the liquidity below.
-------------USDCAD SHORT------------- As USD runs out of steam it becomes more clear that this will be a longer correction. All USD pairs are affected, even USDCAD. So I expect this pair to move downwards. Trendline of monthly level around 1.35 can put an end to this corrective move. This is a not a financial advice. Do your own research and analysis.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.37000. Fundamental news: Tomorrow will be released...
My USDCAD Trade hit TP 🎯. What a move. NFP volatility also helps. Next week we look for another opportunity to short again.
U.S. stocks are on track to post their biggest weekly gain this year as investors express optimism that U.S. interest rate hikes will be halted. This also led to higher bond prices and a weaker dollar. The focus now shifts to the US jobs report, which will be released later today. The Federal Reserve's decision to keep interest rates on hold on Wednesday,...