Hey guys, this pair traded to the daily demand zone and took out ssl. I expect to see a continuous bullish momentum. My bias will be invalidated incase those daily lows are violated.
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD is bouncing from a very strong daily support. I am anticipating this scenario to play out on the 4hr time frame. Let see how it will go.
- Daily >> Price tested and was rejected off 1.25010 support area.. Stochastics over sold and getting ready to rise - 4 Hour >> After being oversold and testing the support line for a time price, price pushed up above the most recent lower high. Bouncing off the 55MA to retrace a bit - 1 hour >> Big bullish impulse breaking the descending trend-line...Triple MAs...
This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
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...
📉 Expecting bullish price action on UCAD as price rejects an important area of institutional figure with a huge bullish momentum around 1.25000 area, i think we will go higher to close some bearish imbalances aka price inefficiency + the USOIL downfall meaning CAD will be weaker. What do you think ? Comment below..
Buy: USD / CAD Buy Limit: 1.24570 SL @ 1.24100 TP @ 1.25250 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Dailly key demand zone has been tested on H4 a rejection has been noticed on H1 saw a BOS
Will USDCAD give a good move from here? Well, I don't know, but this setup I am seeing looks bullish. I entered long right here. Targets and stop loss are on the chart. Let's see how this trade will go.
USDCAD just hit the demand and CADJPy at heavy resistance
Hello everyone, Im back with USDCAD. I followed the chart 1 week now. There is a bullish divergence, there will be possible pump to 1.470 Pips.
On the daily timeframe, prices are forming lower lows and lower highs where we could see further downside in prices. On the H4 timeframe, a pullback to its resistance at 1.26870, in line with the 38.2% Fibonacci retracement and 78.6% Fibonacci extension could provide an opportunity to play the drop with 1.24564 as the support target. Ichimoku cloud is showing...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR WAS range bound consolidating between support and resistance That just saw a test of the base of structure. - Short term the pair ,might enter an up trend should we see a break and close above the...
There is triangle and i think it breakup as soon as possible.
USDCAD BUY at 80 pips profits and 30 pips Stop loss
USD-CAD Weekly > SideWay > Mid Area Daily > OverSold, at Bottom 4H > OverSold / #GreenArea (Wait for Miid Band BreakOut) 1H > SideWay #Note: Ready to buy long on Tf Hourly & 4H: Buy if TBox BreakUp ( Resistance ) Tf Hourly or Breakout Mid Band Tf 4H (More Komfom Wait for Breakout Miid Band Tf 4H) #iQTrader #SaDis #Fx #FOREX💰 #ChartDiscountEverything
Looking at USDCAD on 1H Currently looking for long/buy position We looking for possible formation of the reaction phase at the current demand zone