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!
‼️ This is my perspective on USDCAD .
After price took out sell stop liquidity with that spike I expect price could make a retracement to fill that imbalance higher. I will look for a short if price rejects from bearish orderblock.
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#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The BOC RATE HIKE SENTIMENT is also affected by this. Stay tuned for FED and BOC UPDATES.
We think it will go up to 1.3515 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE...
Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY 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 can...
USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
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What seems to be the completion of the wave 4 and the start of the wave 5 ... but to approve the purchase transaction you have to look for the ascending patterns of Price ... In the weekly frame time, you can see the double pattern pattern to complete this pattern. Become
USD/CAD :::
The price is completely in the downward channel, the trend line has created a support and causes the price to return to the top every time it is hit, but in the end, the downward trend will lead it to the bottom of the channel .
Hello traders!
‼️ This is my perspective on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. Further I see price to go higher to fulfill that imbalance and look for a short if price rejects from bearish orderblock.
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USD-CAD is trading along
The rising support line and the pair
Is about to retest the support
So I am bullish biased and I think
We will see a bullish rebound
Waiting for a pullback to retest 1.34692 or 1.35279 to short USDCAD back down to 4H swing lows at 1.32387.
If you agree drop a like and if you have any questions leave a comment :)
USD/CAD :::
The triangle pattern was well formed and now the price has broken it from the bottom and this has caused the price to decrease. The probability of the price returning to the triangle is low, but the continuation of the downward trend is certain .
Hello traders!
‼️ This is my analysis on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make the retracement to fill that huge imbalance higher and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
Considering that it is bullish in the daily time, it is expected that the abc correction wave will end. The goals of the wave are clear and then we will witness the rise of this currency pair.
📢USDCAD 4H - Attempted Breakout / Potential Rejection
📈Price levels are currently testing the overhead resistance of the visible descending wedge chart pattern at 1.40050 that's been playing out over the last 3 weeks.
📊A break to the up-side with give a reason for buy positions over the coming days and weeks as momentum builds in favour of the bulls.
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
