Hey traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.343 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
USDCAD What a beautiful entries and this the third entry that i want to share with you since i want you also to book some money into your pockets.
Stay And Follow With Me To get Nice Setups And Enjoy My Analysis
Hello,Friends!
USDCAD is bearish right now and I think that market conditions
Are right for the move down
Therefore, I think it is sensible to go short!
Like and subscribe and comment my ideas if you enjoy them!
Hello traders ,what do you think about USDCAD? This pair is in a suitable support range that we expect to grow at least to the indicated level.
If this post was useful to you, do not forget to like and comment.❤️
USDCAD: Bearish Wave Should Come Soon
We are observing this pattern since many days now.
After the price broke below the patterns's neckline it continued
lower and not it looks like it is developing a large correction.
For the time being the correction is very ugly and risky but we can
see something clear very soon before the next bearish wave.
Don't miss...
USDCAD has been trading in a rising wedge .
The price continuously getting respected by upper and lower boundaries.
Now the price has approached to lower boundary of wedge .
The bulls can show momentum at this level.
While there is also a horizontal support.
Once can wait for bullish candle formation on support for long position.
Manage your trades accordingly.
Hey traders,
USDCAD reached a key daily level last week.
The price was consolidating on that for some time.
The pair formed a horizontal trading range on 4H time frame.
This morning, its resistance was broken.
I believe it will initiate a bullish movement.
Goals: 1.3395 / 1.345
❤️If you have any questions, please, ask me in the comment section.
Please,...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
USDCAD - Price trading inside strong bullish. Long entries can be taken once price retest the previous high.
BUY LIMIT - 1.33450
SL - 1.32950
TP - 1.34450
Potential long entry with following confirmations.
TP - Green Zone
SL - Red Zone
R:R Ratio - 1:2
✅ Oscillator upward trend
✅ Price out of EQ Cloud
✅ Trend catcher
✅ Trendline Broken
On the M30 time frame, a throwback to the support zone at 1.33000, in line with the Fibonacci confluence levels presents an opportunity to play the bounce with 1.33900 as the resistance target. The 1.33900 resistance zone coincides with the graphical support-turned-resistance zone and 50% Fibonacci retracement. Failure to hold above the 1.33000 support zone could...
Welcome back traders. Here is an update on UCAD pair. we saw a head and shoulders pattern completed. price has dropped due to last week CPI news. price rejected from 1.32200 daily support zone. price formed a triple bottom on the H4 tiimeframe. This is a long term swing trade. My tp is 1.46. Use proper risk management when taking this trade. Dxy is also heading...
USDCAD is likely to holds below 1.333/1.335 for a short period of time. If price starts to rise above 1.335/1.338, it would be a bullish signal. Support is seen around 1.32
So far price has been fluctuating in a rectangle. Bollinger bands are squeezed again.
Will we observe price returning to the mean (daily sma200)?
Trade safe
Price rallied to take out previous high and inner trend liquidity to build momentum and continue the downtrend towards the daily imbalance at level 1.31000
