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!
0.5% risk, on 1h we are still bullish, and how expecting continution to ,,catch" LQ on double top from left, best to set bay limit and relax
Hi TRADERS this is my trade set up for the USD/CAD for the new week ahead USD/CAD Is coming to rejection area again, I am looking at two scenarios 1st it gets rejected from resistance area after touching a few times in the past so would be sell only or 2nd scenario it breaks through the resistance area for a strong push up so we will be buying only clean crisp...
Looks like there's more upside to come to test the top of the channel for the dollar cad, we will enter a long on pullback to 1.27 and exit at around 1.32. The expectation of rising fed interest rates will bring the price of oil down and cause a rally in the USDCAD.
I will be placing this order on USDCAD today, it seems logical to me. Due to NFP, risk will be reduced dramatically. This is my only trade of the day, good luck traders. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER : Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk...
Here is weekly analysis for USDCAD on W1. 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!
Weekly Daily 4hr Analysis NFP week so this could get wild Bias remains bullish on USDCAD, due to USD strength, and not anticipating crude oil to take CAD with it to the moon. Here we can see market structure on 3 different Timeframes. Plz Like for more breakdowns like this Weekly - Daily TF -
As is, price is ready to advance for tests at 1.26186. Or, Price could seek more buyers at bargain Entry prices. Either way, there's opportunity to fit your risk : reward appetite. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
USDCAD is in a long position. Please, comment your ideas Thanks
Until the last Friday of January CAD has been taking a beating , Mon-Tue we see CAD gaining some traction in a much corrective structure and of nature, trickling its way back down towards marked out IPA's that need filling as well as some unmitigated OB's before a possible rally higher. (SUBJECTIVE) - 2 possible positions I would personally execute have been...
Looking for USDCAD to respect 127.5 Price Point on the Daily Anticpating a pullback to 1.26700 on the 4hr Really good risk to reward short during High volume time (London Session Close) We''ll see what happens This is a day trade, don't plan on holding it into asian unless we are in a fair amount of profit
📉 Expecting bearish price action on this pair from a d1/w1 perspective as price is rejecting a bearish orderblock on h4, taking out stops above 1.27500 and old high area aka resistance 1.27000. If monday closes bearish then i think the selloff will start right into sell side liquidity area. What do you think ? Comment below..
Hello traders. I expect the price to easily climb to the previous level after the end of the third wave of correction and contact with the uptrend line. Be profitable. Are you agree?
Hello. After Pullback, I expect the price to correct 50% to 61.8% of the previous move. Are you agree?
In the case of Canada, it can be said that the second wave is over and we are continuing to form the third long wave. This will be a sign of Canada's weakening in the short term. I have further specified the goals of the third, fourth and fifth waves in the chart.
The USDCAD will move upwards in the coming weeks in extremely choppy fashion, buy every drop until it reaches the top of the channel at around 1.32