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...
Speaking on Tuesday, a number of hardline Fed members hinted that the economy may be weaker as a result of the tightening of financial conditions since July, which has seen a rise in 10-year Treasury yields of more than 100 basis points. However, it will take more time to determine if this effect is sustained. "Inflation has decreased somewhat, but it is still...
USD/CAD has finally broken out of the bear channel/bull flag and closed near its high on the Weekly chart. Current price is at 1.38750 with a nice gap to fill at the bear channel high of 1.40000. This is an ideal Daily or Weekly scalp, placing your stop below the channel top of 1.37000 or the Weekly 9EMA. That creates a Risk/Reward Ratio of 2:1, which means your...
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
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY 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...
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
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!
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: HL CON: SBB BUY Stop: 1.37481 Stop Loss: 1.36428 TP01: 1.38534 DWR present as a buy setup on 9 OCT, with Channel and Pivot are green bouncing off HL However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable SPX500: BUY DXY: SELL OIL: BUY GOLD: BUY
USD-CAD was trading in A strong uptrend but now The pair has hit a horizontal Resistance level of 1.37718 From where I will be expecting A bearish correction !
As USDCAD, approaches the demand zone, and started to show its impact on the price, while started making higher highs in Lower Time Frame, is the indication that the market has started to reverse its downwards trend and is now moving towards shifting it to the High side. Therefore, it is recommended to go long from here. Based on my strategy. Please keep...
USDCAD MN - ABC structure is visible, from which growth can continue to the level of 1.46678 W1 - The price has broken through the level of 1.36627, now we can expect a correction to 1.33952 After this level, both a downward movement and continued growth may develop. What can you expect now? Correction to 1.33952, then a clear formation will...
USDCAD looks very bullish. Last week, prices responded positively to the SR Flip area and continued bullish. If you want to buy, you can adjust your money management. There is a possibility that the price will be corrected in the SND area and then resume bullishness.
Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
USD-CAD broke out of the Narrowing wedge and The breakout is confirmed So I think that we will see Some more growth !
The possibility of a significant movement in the next few days for this pair. If you look a week ago this pair is more likely to accumulate with a structure like sideways. I am still sure that there is an opportunity to be limited to the SND D1 area below before this pair returns to bullish.