looks like sideways? is there an opportunity? I like this kind of chart model, where we can make transactions with very little risk.
In my opinion, USDCAD appears to be showing signs of a potential reversal as it forms a falling wedge pattern on the 1-hour timeframe, with the current price finding support at a specific level. The falling wedge pattern typically indicates a bullish reversal, suggesting that the downward momentum may be weakening. Considering this pattern and the support level,...
USD-CAD is trading in a Range and the pair went Down to retest the support Level of the range (1.33336) and we are Seeing a bullish reaction Already so I think that We will see some Further growth soon !
Dear traders, USD/CAD is on a support level in the daily chart. So far, the bears have not been able to break the support level. So, if the level continues to hold, there is possibility of going long in USDCAD@1.33-1.3320 with SL below the support level and TPs at 1.3470,1.2550 and 1.3650 respectively .
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders In This Chart USDCAD DAILY Forex Forecast By FOREX PLANET today USDJPYD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Dear traders, USD/CAD is currently at an area of support from where price has bounced up multiple times in the past. So, if the support region around 1.3300 holds, we can expect a similar bullish move towards 1.3650. So, t raders can buy USDCAD@1.33-1.3320 with SL below 1.3250 and TP at 1.3650 . The above bullish scenario would be invalid if the support region breaks.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
there is a change in the elliot notation on this pair. if you look at the pattern that has occurred, then a complex correction has occurred and may enter the final period. I am more inclined to buy. looking at the existing history, the price always responds positively to the trend line, so the big possibility is bullish. bullish analysis can fail when the price...
Everyone is watching the shorter-term wedge on Ucad. Some are betting on the bounce and others on a breakdown to lower prices. The safer big money bet is waiting for long-term support and building a position trade to hold for weeks, possibly months. Nice returns with less stress. More beach time. Additional Note: if you are trading a more significant equity...
Dear traders, after Bank of Canada's rate event yesterday, USD/CAD dropped to the 1.3321 level. However, the fall was arrested as it is a strong support level . Based on the current price action, it seems the 1.3320 support level would continue to hold. So, if price action becomes bullish at this level and the support level stays unbroken, traders can consider...
USDCAD broke out of the ascending channel. Price is decelerating while approaching support. Price is testing a psychological level of 1.34000 and dynamic support. We anticipate a retest of the resistance . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
as we can see, there is a FTR near here and since the price have reacted to the mouth FL of this FTR, I believe that there is a good chance that with this CP approach, we'll see a good reaction to this supply zone. ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and...
The USD/CAD has been consolidating since late last Friday. Key levels include 1.346 and 1.345 for the upper bound and 1.341 and 1.340 for the lower bound. The market appears to be in the middle of the storm that might be unleashed after the Bank of Canada’s (BoC) interest rate decision on Wednesday. In January, the BoC made history by being the first major...
Hello Traders In This Chart USDCAD DAILY Forex Forecast By FOREX PLANET today USDJPYD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD made a reasonable impulse from the channel and has currently printed another continuation pattern. looking forward to taking the break outside the pattern and setting my stops just above.