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...
The dollar has strengthened. The dollar index has grown. According to the analysis, after crossing the trading range, we will definitely see the growth of the dollar. buy and hold
Am looking at this setup to go long for a quick 1:2.90R.... Like and Subscribe.
USDCAD came off a strong bullish move with the RSI overbought. Following a strong push to the bullish side that was rejected by the bears. This is a strong indiction of a reversal in price. Price needs to create a lower low, lower close prior to entering this trade to the downside. Previous structure also confirmed the bearish trend.
Hi fellow traders, USDCAD is completing the flag correction. We are anticipating on a move higher from here. Target the resistance levels and place your stop just below the blue box. Goodluck!
ON 5th July, USDCAD experienced a long bull run during the London session. Afterwards, USDCAD has been having some complications in giving back those orders, but the closure of last week's market and the opening of this week formed a double top formation, giving us a bullish reversal. Hence I'm shorting this trade. NB: USDCAD will fall for 500 PIPS!!!.....its...
Looking to play the range on USDCAD so will look to buy from 1.28455 zone and sell from the 1.30830 zone. If you agree drop a like and if you have any questions leave a comment! :)
Hello traders! ⁉️This is my analysis on USDCAD . Here we are bullish market structure, so I am looking only for longs. I expect the continuation of the retracement and if the price fills the imbalance and rejects from bullish orderblock I will open a long position. Like, comment and subscribe to be in touch with my content!
Here are some of the setups that I see for USDCAD. Price Action will tell me how to proceed.
usdcad bullish move found usdcad bullish move found usdcad bullish move found usdcad bullish move found
A BREAKOUT has occurred on the 1H, am looking to catch a quick 1:2RR trade. Targets on chart, Like & Subscribe.
Bearish engulfing candle has been spotted on 1 HR time frame. A RR ratio of 2:1 is set for this trade.
The Greenback relinquished some of its profit on the last day of last week's trading session to close below the key level identified at the C$1.29000 area to set the tone for a possible trend continuation to the downside. This video explains how I intend to trade the appearance of a selling set-up on the daily timeframe. Risk Disclaimer: Margin trading in the...
USDCAD for bullish stick to 15 pips stoploss.have a nice day :)
USDCAD analysis update and I’m seeing it’s going to move for +100 PIPs to the downside ✅