Get started
traderchamp_

USDCAD IS ON A KEY LEVEL LOOKING FOR A REVERSAL

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
traderchamp_  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD Forex forexsignals traderchamp
3
0
trendanalysis chartpattern waveanalysis usdcad forex forexsignals traderchamp
The USDCAD is once more testing a significant key level identified on the daily timeframe, showing signs of a potential reversal based on price action. Repeated rejections around this zone indicate it being respected as a support. There's anticipation for the reversal to revisit the major resistance established on the daily timeframe. Additionally, analysis of the price action reveals the completion of the 4th impulsive wave.

Related Ideas

traderchamp_
EURCHF BREAKOUT ON DAILY RESISTANCE
traderchamp_
PYPL FALLING WEDGE PATTERN
traderchamp_
ICICIBANK POTENTIAL REVERSAL AHEAD WITH THIS PATTERN
traderchamp_
TATAMOTORS BACK ON DAILY RESISTANCE, WILL IT GO ABOVE 1150 NEXT?
traderchamp_
USOIL CAN GO FOR A DECENT RETRACEMENT WITH THIS BREAKOUT
traderchamp_
GOLD'S NEXT POSSIBLE MOVE. WATCH THESE LEVELS BEFORE YOU ENTER.
traderchamp_
GBPJPY EXPECTS A BEARISH IMPULSE AHEAD INSIDE THIS CHANNEL
traderchamp_
BNBUSDT TRIANGLE IDENTIFIED WITH BULLISH POTENTIAL
traderchamp_
ETHEREUM DEMAND ZONE AND FALLING WEDGE
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.