USDCAD Sells from Fresh Supply Area Could be Good Scalp !!
#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
Usdcad being bullish ...breaking from bearish orderflow to bullish order has been aggressively climbing up seems we are hitting resistance to retest and finally fall down
Same Like USDCHF I see Sells in USDCAD . I m Saying Sell Straight away because of the CO-RELATION between 2 pairs.
USDCAD short idea ENTRY: 1.27000 Stop Loss: 1.27887 Take Profit: 1.24197
Here is my view for USDCAD on D1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe and happy new year!
So USDCAD pushed higher and now back at a stronger resistance area so ill be looking for shorts around this this level.
Not really much happening on USDCAD, we are now just seeing price make a retracement like I expected, then ill be watching for hopefully the next short wave down.
Now that price has reached first minor target area I think from this support we may see another push back up to make another failed spike up or a retracement to follow the possible new downtrend. If we see this retracement move I may look at adding further short trades.
I'm still holding the bias of seeing a further push down but now its just getting into the best entry point, after been stopped at breakeven from last night ill be watching for entry's again today! Price usually gives you more then one opportunity and we still haven't broken upside trend structure so I defiantly wouldn't look at taken shorts from current price, be...
Will 1.28000 be the resistance that gives the much needed pullback on USDCAD? Ill just be monitoring price at the start of the week and hopefully price can shape nicely for either a bigger retracement or even possible reversal.
Here on USDCAD Ill be looking for a short position if price can reject the top of this consolidation range I've drawn on and then look at taking out 1.23000 again where ill then be looking at possible buy trades.
USDCAD - H4- Price broke multiple demand zones yesterday and voided my long bias off the daily chart. Now im looking at more downside on this pair before a big bullish rebound.
My educational Analysis worked perfectly in 4 hr and 15 mins timeframe. And it took with the help of a pitchfork tool. follow me for more analysis.
Hello everyone, USDCAD could be big short for 600pips Double top was formed started goin down had retrace but as u can see on monthly timeframe it is getting weaker. on lower Timeframes failed to make new higher high.
As you can see, price dropped from a very strong order block around 125820, after breaking out of a bearish flag, followed by a strong trendline break. Im hoping to see price go even lower after that rejection on the EMAs. I am waiting for price to close below the current zone to open another position. *Disclaimer* This is not financial advice. Forex trading is...
Hoping to see price continue to the downside from around current area. Would have liked price to make more of a corrective move but I'm expecting weaker USD so hopefully we can just move from here. Remember always manage risk and never let you emotions dictate your decision making!