USDCAD Intraday - We look to Buy at 1.2900 (stop at 1.2840) Previous support located at 1.2900. Previous resistance located at 1.2950. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.2950 will confirm the bullish momentum. Our profit targets will be 1.3050 and 1.3100 Resistance:...
As long a price holds 1.28500 will be expecting a bullish swing back to swing highs at 1.32224. If you agree drop a like and if you have any questions leave a comment:)
A series of broken structures have yet presented a possible trading zone on the USDCAD. Close watch of price action and further printing of structures will help us determine which direction the market is headed to first. A little disclaimer also about these marked our supply and demand zones is that they are not absolutes. They are only marked out using...
buy if candle not close below area, and sell candle inside area (wait for rejection on lower timeframe). Beli jika candle tidak ada yang close dibawah area dan jual jika candle masuk ke dalam area (tunggu rejection pada timeframe kecil)
#USDCAD USDCAD is currently DOW. This is because the CAD is quite STRONG and the US CPI DATA is quite MIXED. Currently, MARKETS OVERALL RISK is being ON. For that reason, we see that CAD is becoming quite STRONG. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, STOCKS can go down again according to US ECONOMIC DATA this...
USDCAD gets bullish momentum. Re-entry opportunity for continuation of uptrend.
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Still expecting UCad to fall and a possible closure below yesterday’s low.
Am entering in on the retest for a quick 3.1R which becomes around 4R after scale-in. Like and Subscribe.
I shared an analysis on this pair some hours ago anticipating an H4 order block which didnt play out as expected. From H1, we can see an equal low which was suppose to hold again as TrippleBottom but as you can see in the chart, there was a stop hunt which further confirms a bullish move. Don't forget to risk between 1-3% of your balance per trade.
#USDCAD, strong upward trend. I've highlighted its Demand Zone, rush and make some profit. Until 1.28380 breaches, you have a perfect opportunity to place buy orders. Happy Trading.
Hello Traders. If USDCAD breaks the low marked, then you can enter in the pullback. Targets and SL is shown.
This pair has created a nice bullish order block as we can see equal lows just below our block which further validates our entry. Entry at 50% of the block... Lets hope it holds and bank some profits... follow me for more simple trade strategies.
Waiting for a break and retest of 1.30818 or a further pullback into 1.29447 to long USDCAD back to highs at 1.32232. If you agree drop a like and if you have any questions leave a comment:)
Price on the daily tf has taken buyside liquidity and the previous daily candle, Friday's was red so expecting expansion to the downside to take sellside liquidity. We can also see in the 1H tf, how we are rebalance an imbalance and price is close the the bullish order block. Price may wick out from below the higher timeframe imbalance for a short term buy.
USDCAD sell trade in progress. Working the H1 time frame. Reversal trade identified. Trade details can be found on the chart in red label. Trade box shows entry, SL and TP target. Thanks for looking Darren🙌
Hello traders! ⁉️This is my analysis on USDCAD . Here we are in a bullish market structure, so I am looking only for longs. I expect the price to continue the retracement to fill the imbalance and if the price rejects from bullish orderblock + institutional figure 1.30000 I will open a long position. Like, comment and subscribe to be in touch with my content!
#USDCAD USDCAD is currently going UP. This is because the CAD is quite WEAK and the US CPI DATA is very POSITIVE. Currently, MARKETS OVERALL RISK is being OFF. For that reason, we can see that CAD is becoming quite WEAK. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, according to today's US ECONOMIC DATA, STOCKS can go down...