Im looking bullish for this pair. Trade with your own risk guys
-we crab pattern on H4 -channel on 30 min -break out GOOD LUCK
USDCAD is in bullish trend, the divergence at RSI make the trend reversal and now its printing HH's and HL's, we will enter into the trade after the break of previous HH.
FX:USDCAD has recently broken above the consolidation zone, only to approach the resistance zone. As the market nears the channel border and upward trendline, I expect a potential rejection at this level. The market structure of lower highs and lower lows suggests that the market may not be able to close above this resistance zone. Looking left, the price action...
Here is my analysis for USDCAD, It is creating Lower Low and Lower High in 4 hours Time Frame and it has hit resistance zone on daily Time Frame and started downward movement, i am expecting price to keep on going downward. This is a swing trade, expecting 1:21RR.
I see 4hour trent line broken heavily with little pull back on 30 min time frame as rejection as well. This market is coming down after multiple traits piled on each other also we can see 50 EMA Rejection as well so yesssss it might hit first 50 pips next week ot this afternoon. Traders Happy trading this one will be great!!! I put my EXT. FIB. as Target 1,...
Is USDCAD exhausting at strong resistance level? As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3630 followed by 1.3530. What you guys think of it?
CPi Data lower than Expected means Interest rates prob come down Investor don't like that Initially But price generally returns to previous levels anyway
The pair is primed for a possible bullish movement according to my analysis.
📊 Due to the decrease in the upward momentum of the price movement, if the range of 1.365 units is broken and the price stabilizes below it, the price may fall to the range of 1.361 🎯and in the case of the strength of the range of 1.356 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 1.372 units.
My Dear Robbers / Traders, This is our master plan to Heist USDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and...
USD/CAD is falling towards a support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3676 Why we like it: There is a pullback support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.3653 Why we like it: There is an overlap support level which...
USDCAD 1.36000 is a great zone we do have about two order blocks where price could possible could go. Just remember we have FOMC news also coming up and few US news.
My dear followers, I analysed this chart on USDCAD and concluded the following: The market is trading on 1.3685 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.3638 Safe Stop Loss - 1.3718 About Used Indicators: A super-trend indicator is plotted on either above or...
Price has been rejected on the order block after the liquidity sweep of previous week low. Then on the lower TF we have created higher high with the displacement (FVG) which has been tested. I expect only smaller pullback down and run above the Mondays high in to the BPR or even above the trendline liquidity. Its potential +75 pips move. With nice RR depends on...
#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is making the Descending channel pattern in 8H timeframe. We can see gain here 100Pips+ in this move. Keep in touch we will update further soon.
Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
I believe usdcad may go up to take out the last high and sweep liquidity before continuing downward. Price had a break of structure and swept downside now it may reverse and grab some buy side.