USDCAD is printing a bearish harmonic pattern in the ascending channel. Price is creating an equal-measured move on the hourly chart. The market is consolidating at the D chart, and it has bearish momentum. We expect further consolidation, meaning bounce-offs between consolidation borders. ------------------- Share your opinion in the comments and support...
USDCAD printed a leading diagonal. We are currently on a wave 2 correction. Waiting to trade wave 3 impulse.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! 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...
As mentioned earlier, let's dive into the latest developments regarding USDCAD's market dynamics. Get ready for insightful updates and potential trading opportunities. 🚀📈 📉 Downward Trend Forecast: Our analysis suggests that USDCAD is poised to transition into a downtrend. Why? Because we anticipate further downward movement in the DXY (Dollar Index), which could...
D1 - Bearish trend pattern followed by a pullback. Price reached a strong resistance zone and is bouncing lower. Bearish divergence. H1 - Lower lows. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Very much on an uptrend so am waiting for a pull back and rejection or 4h close above 1.36197 creating a Higher high close and then a rejection and a close on the 30m to look for buys
The USD/CAD pair attracts some dip-buying on the first day of a new week, albeit lacks follow-through and remains below its highest level since December 13 touched last week. The initial market reaction to the OPEC+ agreement to extend voluntary oil output cuts to the end of the second quarter turns out to be short-lived amid global economic concerns and rising...
Market Analysis: USDCAD on the Daily Time Frame The USDCAD currency pair has exhibited a notable upward trend on the daily time frame. This trend is characterized by a consistent pattern of higher highs and higher lows, indicating bullish momentum. Additionally, there is a clear breakout (BoS) to the upside, further supporting the bullish bias. As we anticipate...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.35000. Like, comment and subscribe to be in touch with...
Hello Traders, here is the full analysis. Price reversal going up, 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 comments. I will...
📆🚀 Exciting Next Week Planning! 📈💰 Get ready for some thrilling opportunities in the upcoming week! 🌟 Let's dive into the details and explore the potential of USDCAD, a ranging market with a range height of 160 to 200 pips. 📊💹 🔥 Ranging Market Analysis: USDCAD is expected to trade within a range, offering opportunities for both long and short positions. This...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: As I expected in my previous analysis price filled the imbalance and rejected from support zone. Now I expect bullish continuation and my target is buy side liquidity. Like, comment and subscribe to be in touch with my content!
Hello Traders, Hope you all are doing good!! I expect USDCAD to go Down after completing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
Usdcad Under This Channel Looks Like We Have Best Buying Opportunity Around 1.34800 Take Profit Upto 1.35586 Dont Miss This Opportunity Note ;- Its Not A Singal Signal Will Be Available After Confirmation Stay Tuned For More Updates
Hello Traders, here is the full analysis. The completed correction, hint at the continuation of growth. 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...
USDCAD is currently trading in an ascending channel. The market broke and closed above the consolidation zone and psychological level at 1.35000. Price pulled back to the kill zone: support at 1.35000 and 50% fibo retreatment. We anticipate a retest of the major resistance. ------------------- Share your opinion in the comments and support the idea with...
#USDCAD froming higher high and higher low in 4h time frame, price broker 1.3540 strong resistance level. Demand zone for long 1.3470-3440, stop loss below 1.3420, target: 1.3535.
A double top formed this month around a 50% retracement level on the daily charts ahead of its latest pullback. And it is interesting to note that the market tends to react around the 50% level. The double top could actually be part of a 3-wave retracement, and that retracement could be nearing completion. We saw a strong rally into the January high, hence the...