Price moving in bullish structure. Expecting rejection at POI marked.
USDCAD showing signs of bearish reversal after some days and weeks of rallying. It has perfectly completed and HnS pattern coupled with a nice break and restest, completed the retest with a bearish engulfer as a perfect signal for entry
I sent this up out too long ago ! Took the buy ! Simple break and retest set up ! This candle alone should do justice from what I'm seeing on higher time frames ! Clean rr set up as always ! Let me know what you think
price is now in major structure break, lets see how the pull is possible by this choch
USDCAD is going short because of the formation ABCD pattern and also shooting star at the LH while following DOW.
🍁USD/CAD Opportunity for growth 🍁It's hard not to acknowledge the fact that USD/CAD has shown strength in recent days. 🍁 Breaking out of the support zone heading towards a strong resistance zone then making a correction. 🍁I still think we have a lot of space for upside. 🍁Turning to the chart. 🍁Looking at the breakout dynamics in the last few days and the...
USDCAD is making HH and HL on a 1H time frame with a Bullish engulfing pattern. Long trades can be profitable
Further to my last idea on this pair I am seeing this as a good chance to sell. we spiked higher than suggested on my previous idea, but in essence it still remains valid. You'll see my TP is very low however this will be several trade as we follow it down.
I am buying the US Dollar. We see buyers pushing prices higher and prices making a pullback retesting a potential level of importance. Fundamentally: Today the US GDP Growth Rate was released; the US Economy grew by 2.9% in the third quarter. This shows improvement in consumer and business spending. This report could push the US dollar higher.
Hi traders, watch USDCAD with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.
Is it possible to get an entry here? - Elliott Waves Third Wave - Fibonacci Confluence - Upward trend
Hello, Friends! USD/CAD is trading In way That I predicted previously And now the pair is retesting A hidden bank’s level So I think a bullish move will follow! BUY! ✅LIKE AND COMMENT MY IDEAS✅
- On the H1 timeframe, USDCAD tested the 1.34800 resistance zone multiple times, before hawkish statements from FOMC member Bullard gave price a bullish ascent that broke through the next resistance zone at 1.35500 as well. Price came to test the 1.36200 resistance zone which led to a bearish reversal. Given that USDCAD did not appear to face significant demand at...
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Hello Traders, USDCAD looks like a decent buy, a nice little rejection to the moving averages on the 4h timeframe with a 1h bullish engulfing candlestick closure. All timeframes are trending toward the upside as well which shows bullish pressure. High impact speech coming up later on today, make sure to manage your risk, peace! :)
#USDCAD USDCAD is now quite BUY. This is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP with RETAIL SALES being POSITIVE. Also, MARKETS RISK has been ON again due to this reason. But this time US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is...
USDCAD looking for shorts on the 3rd touch if not ,I'll be looking for a double top