This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
usd/cad is a ready-to-fly that can be entered into a Buy; But you must managing capital risk and accepting its risk and its loss limit. Two TP is considered to be in the chart, and the loss limit is also specified.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Price is currently hovering above a key support zone at 1.3350 on the H1 timeframe. A throwback to this support zone, which coincides with the 78.6% Fibonacci retracement, coupled with a break above upside confirmation at 1.34 could provide the bullish acceleration to the resistance zone at 1.3520, in line with the 200% Fibonacci extension. Price is holding above...
Long on USD CAD to 1.36450 Strong push-up during the news. Multiple possibilities for continuation trades.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
looks like in simple pattern, testing support line. Kinda risky trade but Risk to reward ratio is good hha
USDCAD - The bullish divergence on the USDCAD chart indicates a potential for the price of the US dollar to rise against the Canadian dollar. If the USDCAD breaks the last lower high, this will also be the entry point for the trade.
- Price initiates by coming down, forming an imbalance - Price then forms Sell Side Liquidity (SSL) which is then cleared when price goes lower (taking out SSL lows) - Price then retraces sharply back up, forming displacement on the 5m - Price forms a 3m Fair Value Gap (FVG) which occurs at a discount (<=50 FIB) - Price comes back and mitigates this FVG and this...
Usdcad is exactly moving according my previous analysis ( tagged ). After hitting our sell target now market is at trend support line and last H4 candle close as bullish engulfing and this is the 2nd evidence we have to buy. If market hold the support you can buy with small SL and big target. If market break and close below trend line this setup will fail. Always...
Price is reaching major support level rejected multiple times. 4HT didn't have any retracement which makes it even more probable rejecting this support zone. Pending order placed at round number.
USD/CAD on the daily, in an uptrend, im am sure it will find support somewhere and continue to go up. will probably take entries when it reacts to support level market in the picture.
hey guys, What a Week its been! we've been dominating the forex markets!! here i'm seeing a lot of confluence with usd/cad we can see price coming down to major support area with Block Flow and confluence of the Daily Trend Line Disclaimer - past profits don't guarantee future results, trading is risky! Information is shared for educational and demo...
USDCAD - 24h expiry Previous support located at 1.3570. Previous resistance located at 1.3600. Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. We have a 61.8% Fibonacci pullback level of 1.3525 from 1.3640 to 1.3570. Risk/Reward would be poor to call a buy from...
#USDCAD in H4 Time Frame Setup We enter for Sell in this Pairs Best opportunity for sellers
Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan,...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
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.