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!
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not...
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 , USDCAD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
According to the count, Waves 1, 2, and 3 of a leading downward trend have ended and are now within their 4th wave.
The general structure of wave 4 is a zigzag structure, and from this zigzag, waves a and b are formed...
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.
Hi Traders,
USDCAD had failed to breakout of Bullish Continuation structure which a short opportunity to the bottom of this structure is valid and could potentially be a 4:1RR. Price may continue down to the HTF lower boundary which we will manage this trade accordingly.
Follow your trading plan and make sure your entry criteria is met before entering.
Let me...
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...
The dollar cad has been range bound the entire week. I expect to see a breakout of the range to test the top of the channel at 1.33. Afterwhich, we will wait and see if there's a breakout of the channel.
Hi TRADERS this is my trade set up for the USD/CAD
USD/CAD after creating a possible M pattern looks like going to drop Lower so after break of area take a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
please follow like and comment thanks
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
Hello traders , USDCAD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe.
According to the count, waves 1, 2 and 3 of a leading downward trend have ended and are now within their 4th wave.
The general structure of wave 4 is a zigzag structure, and from this zigzag, waves a and b are formed...
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!
