Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36100 support and resistance area. Trade safe, Joe.
As crude oil prices climb due to the geopolitical conflict, has resulted in the Canadian Dollar gaining strength. With the prices testing the 1.36 price level, the idea was a bounce above the 23.60% fib retracement level could see a continuation to the upside. However, with the DXY weakening, look for the USDCAD to break below the longer term fib retracement...
Sell USDCAD Wedge Breakout USDCAD - m30 Chart - price breaks the wedge pattern now, its good chance to sell Thank you
USD/CAD - H4 Chart - Falling Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.33900 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33900 support and resistance area. Trade safe, Joe.
Hello There! Welcome to my new analysis about the USDCAD Forex Exchange Price-Action Rate on Several Timeframe Perspectives. The USCAD has shown up with this massive bounce in the structure after completing a very rate but substantial Diamon-Bottoming-Formation to reach out all of the initial target-zones already. Now, a big part of the consideration is if this...
USDCAD made a perfect rejection on our last signal exactly at the top of the twelve month Channel Up. You can see this at the bottom of the analysis. The price turned bullish however lately on the short term and the 4H timeframe (RSI = 60.972, MACD = 0.001, ADX = 26.230) as it rebounded at the bottom of the prevailing Channel Down that emerged. At the momemnt it...
Price has been moving bearishly. It broke higher time frame demand and has now presented a possible flip entry to short towards the weak low, targeting liquidity at the same time.
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.33600 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33600 support and resistance area. Trade safe, Joe.
Expecting USD weakness this week, and continued CAD strength due to Oil and good fundamentals. Not much else to say here, great RR on this move if it comes off!
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.33700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33700 support and resistance area. Trade safe, Joe.
We'll be keeping an eye on the USDCAD between 1.3700 and 1.3650 to see if there's any potential bearish momentum to trade short.1.3600 zone for the first take profit and 1.3500 zone for the second take profit. NOTE: USE ADEQUATE RISK MANAGEMENT. Keep in mind: No admittance, no confirmation. FOLLOW ME TO SUPPORT MY WORK AND LIKE
I’m not saying this would happen, but it just might !! So here is a version of mine for a long swing in daily time frames. So leave your thoughts. PS. You’re going to see a bit more of me again. Ready to share some positions ?!
SLO2 @ 1.3805 ⏳ SLO1 @ 1.3695 ⏳ SSO @ 1.3625 ⏳ TP1 @ 1.3485 TP2 @ 1.3305 TP3 @ 1.3175 TP4 @ 1.2975 BLO @ 1.2810 ⏳ — PA on this pair has been insane — ALL three of our TPs were triggered, but ironically it retraced so hard that it returned back to the Supply Zone. — Well, it's time to get paid for the second time. — Here's a new setup
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.34 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34 support and resistance zone. Trader safe, Joe.
Buy USDCAD Falling wedge Price breaks the pattern now, its good chance to buy now Thank you
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
seems like usdcad wanna some correction rising wedge breakout has already confirmed in h8 tf retesting in process incase of successful retest expecting massive bearish wave incase of successful retest expecting 220 to 240 pips bearish wave