1. USDCAD broken the Resistance zone and looking for long Entry. 2.The Target is Next resistance around the Trendline Resistance
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect price to make a retracement to fill that huge imbalance and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
- looking to buy UCAD - on position is long term (aiming for the overall void fill at the 1 & 4 hr supply) - other trade is just for a 1:2
BUY USDCAD for uptrend continuation STOP LOSS : 1.3650 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
Considering the recent movements of this currency in the past weeks, we can expect an upward movement from the specified area
USDCAD buyers holding firm above the support zone, showing multiple rejections to the downside. We've now seen a huge bullish candle on the 1D TF, indicating a higher chance of market moving higher towards our target of $1.40. Take advantage!
We saw an impulsive phase followed by a corrective phase, so I'm trying to catch the next impulse phase
Im looking for this plan and still stick to this. Potential move upwards as i can see that we are in correction mode. Looking for buy only. We will see for the next couple of days. In daily time frame we are currently in wave 4 . After 4 will see an impulsive move to wave 5.
My dear subscribers, USDCAD looks like it will make a good move, and here are the details: The market is trading on 1.3606 pivot level. Bias - Bullish My Stop Loss - 1.3566 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.3670 About Used Indicators: The average true range ATR plays an...
I´m expecting that this currency pair will "visit" the supply above 1,36600 and then will fall to the closest demand zone at 1,35200. As you see in idea, SL is very tight, so it is very important to wait for the rejection before you enter. Monitor the rejection on lower TF like 15M or even 5M and look for CHOC or BOS on these. IF-WHEN entry conditions are met, I...
61.8% Fib + Pivot Point + Order block + resistance turning into support
Hello,Friends! We are targeting the 1.376 level area with our long trade on USD/CAD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Dear Traders, DXY strong bull run continue to dominate all the USD pairs, and it will likely to dominate the market in future. Because recent significant economic data came out in favour of DXY with great margin. We personally also think that price is likely to rebound strongly from our entry zone. Price had accumulated for weeks in a pennant channel and broke...
Wycoff Return to Previous Level Also bounce off Resistence USD is stronger on Indicators at the moment Lets see
Pair Name : USD/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.36500...
This is the expected move today on USDCAD price has to fill the imbalance to move up