- Price has been raging between 1.266 and 1.278 - currently the price broke out of trend line and above support - am going to long with any sign of bullish rejection on the support
Here is my view for USDCAD on h1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price Is In A Strong Channel Approaching A Strong Support. Price Broke Back Through Our Resistance To Continue In The Channel. Fib Levels Being Respected On Daily Timeframe. Potential Double Bottom Forming. ** I will be waiting for a double bottom reversal pattern around the 1.26833 if this does not succeed I will then look to enter around 1.26657 given the...
The dollar cad finally broke out of its consolidation range this week but fell straight back into it later in the week. It is now trading at the bottom of the consolidation range again and we will be looking at a long entry. It is less likely that this coming rally will be a fake out since, the institutions already caught some fish the last time round. These...
USD/CAD confirms a bullish breakout, with more room to open higher. USD/CAD breaking above 1.2783 has confirmed the bullish flag breakout and has created more room for the upside bias. Stop-loss should be below the 1.2638 price zone with a target zone of 1.2950/1.2958. Breaking above 1.2958 will open the door for our 2nd target nearly at the 1.3050 price zone.
#USDCAD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
It's been a painful week looking at the dollar cad trade within this tight range but hang out tight, a breakout is coming sooner than you will expect. Price may continue to trade in a range within the channel but expect to see a break out soon! If you're not already in the long, you can consider placing one at these levels and a stop loss at the 1.266 level...
Am patiently waiting for this trade at the support level.. You can mark this trade down pending when it activates.
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
As Rate hikes are around the corner, the Dollar bulls will be back in control. As of the USDCAD setup, I am seeing price hovering at a very critical support zone. Getting long from here would be a potential 100+ pips grab. Best of luck.
USDCAD - LONG TREND Daily Chart - outlook indicates upcoming buy opportunity... wait for retracement around 1.265 to 1.263 range for confirmation. FX:USDCAD *** if Price Breaks below 1.260 then the given chart is considered invalid!!!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders. The price moves in a triangle and is now completing wave 5, which continues to be shown on the chart. If you agree with me, do not forget to like.
DXY is on a major support level. The area marked is the nearest resistance to the upside. The price will break out of the consolidation zone to make a higher high to the nearest demand zone. Take proper risk.
At this point, it looks as if the 50 day EMA is trying to offer a bit of support, and for my money I think that we will eventually try to make a break higher to go looking towards the 1.28 handle. Breaking above that level would be very bullish, perhaps opening up towards the 1.30 level above. All things been equal, this is a market that I think continues to see...