Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I am looking for a long position as we are in a bullish market structure on daily. My point of interest is bullish order block and imbalance filled after price took sell stop liquidity. Then I will look for a confirmation on lower timeframe. Like, comment and subscribe to be in touch...
Hi USDCAD IN Supply Area Entry:1.34690 SL:1.34899 TP:1.34067 RR= 1:3 if You like Support & Share
We can see the chart tells that it is in downside momentum. Now, the is a 3-hour supply area that can be a possible area for another short entry between 1.34289 to 1.34397. Then goes down to the daily demand at the bottom.
Downtrend with waiting the price action USDCAD frame 4H
Hi Traders, Check this out - USDCAD could start a fresh bearish momentum, after breaking of the bullish trend. However, with the uncertainty on how heavy FED could bump dollar this is better wait on for a break below the Triangle pattern before looking for a better short trade entry. That is what i will do, provided that we get a solid breakdown and retest of...
Short USDCAD at key resistance level. Stop loss above resistance level. Target at previous swing low. Use technical analysis tools to identify resistance level and confirm with other indicators. Manage risk and stay updated on fundamental factors.
Heer is my view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Waiting for the 4h Candle closure and looking to sell the retracement back to the low
#USDCAD USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that...
Hello everyone! Hope you all had a great weekend and Ramadan Kareem all. This week we are waiting for GU buys and I noticed a great setup on USDCAD sells. Entry as mentioned on the chart for a RRR of 6:1. Risking 1% for 6% gain. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone! Regards, Enzo
USD-CAD has formed a Bearish flag pattern While retesting the Horizontal resistance level So I think we will see a Bearish breakout and a Move down !
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 view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
FX:USDCAD on the daily, there is the support channel from the beginning of the year being respected and reversing the price. entry from 1.34394 to 1.33969 SL 1.33530 TP 1.38047
DXY will be bearish upcoming days and that is why we have mixed reaction in the market, USDCAD we have two possible selling areas, if price does not stop at the first area of reversal then please look out for second area of reversal. good luck and trade safe
Pivot point: 1.3461 Currently: Resisted at 1.3635 and retraced back to 1.3586 Reaction: Consolidating at this 1.3336 level, its next support zone is 1.3260 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on TradingView~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed...
Here is my view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The USDCAD pair succeeded to continuing the bearish trend on the intraday and short term basis, paving the way to head towards 1.3310 as a critical point which if breaks will put additional pressure of selling with mentioned targets in above mentioned Chart. the bearish bias will be expected in the upcoming sessions