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Usdcadsetup

USD/CAD Price Outlook – Trade Setup📊 Technical Structure USD/CAD remains in a short-term consolidation phase but continues to hold above the key support zone around 1.3789–1.3779, indicating that downside pressure is limited. Price action over the past sessions shows repeated defences of this support area, followed by higher lows, suggesting buyers are gradually regaining control. On the 1-hour chart, the pair is attempting to build a base above the support zone while pressing toward the 1.3820 resistance area. As long as price holds above 1.3779, the technical structure favours a continuation move higher toward the 1.3820–1.3830 resistance zone. A clear breakdown below support would invalidate the bullish continuation scenario. 🎯 Trade Setup (Bullish Bias) Entry Zone: 1.3789 – 1.3779 Stop Loss: 1.3773 Take Profit 1: 1.3820 Take Profit 2: 1.3830 Estimated Risk-to-Reward: approx. 1 : 2.47 The bullish setup remains valid as long as price holds above 1.3779 on an hourly closing basis. 🌐 Macro Background (Simplified) The US Dollar has found short-term support after rebounding from softer US CPI data, as markets reassess the pace and timing of future Federal Reserve rate cuts. While inflation has cooled, expectations for aggressive easing remain measured, allowing the USD to stabilize in the near term. Meanwhile, the Canadian Dollar remains cautious ahead of key domestic data, particularly Canadian Retail Sales, which could influence near-term CAD volatility. With oil prices offering limited directional support and macro uncertainty persisting, USD/CAD remains sensitive to relative data surprises. In short: macro conditions are neutral-to-supportive for USD in the short term, allowing technical factors to take the lead. 🔑 Key Technical Levels Resistance Zone: 1.3820 – 1.3830 Support Zone: 1.3789 – 1.3779 Bullish Invalidation: Hourly close below 1.3779 📌 Trade Summary USD/CAD is consolidating above a well-defined support zone, with price structure suggesting accumulation rather than distribution. As long as 1.3779 support holds, a push higher toward 1.3820–1.3830 is favoured. The bullish view remains intact unless price breaks decisively below support, which would shift the bias back to range-bound or bearish conditions. ⚠️ Disclaimer This analysis is for educational purposes only and does not constitute investment advice. Trading involves risk; please manage position size and risk appropriately.
Long
by ATFX_Global
USDCAD - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish move. No opposite signs. Expecting bearish continuation until the two Fibonacci resistance zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------
Short
by VladimirRibakov
#USDCAD: A Perfect Selling Zone For The Week 15/12/2025Dear Traders, Overview On USDCAD📈 🔺Price has left a great area of selling zone which need to be filled; we already have given an entry point and an exit point for you to identify the selling zone easily. USD is likely to show some minor bullish behaviour which will push the price of USDCAD to our point of interest. 🔺There is only one swing selling target that we currently have, this is not a long term trade instead or intraday trade. Entry and Stop Loss Planning📊 🔺You must use your own knowledge to establish trading plan successfully, entry at the area as described in the chart only if it matches your bias. 🔺Use 'Red Line' as a exit point or as a stop loss also trade with accurate lot size based on your account. 🔺Take Profit Set at the 'Black Arrow' Ends. Support and Encouragement ❤️🏆 If you like our idea then please like and comment which will encourage us to post such more ideas. Also share your views in the comment sections. Tean Setupsfx_
Short
by Setupsfx_
13
Smart Money Levels on USD/CAD – What’s Next for the Loonie?“USD/CAD – The LOONIE Profit Playbook (Swing/Day Trade) 🚀💰” 📋 Description: Dear Ladies & Gentleman (Thief OG’s), Here’s the plan for our favourite cross, USD/CAD – “The Loonie”: Plan: Bullish bias (with a setup for a potential bearish flip if you like to dance with the other side) Entry (Bullish): Pullback-1: 1.39400 Pullback-2: 1.39000 Enter at a dip into one of those levels, let the market breathe, then ride the wave. Stop Loss: This is Thief SL at 1.38800 — place your stop after the pullback level you used. Target (Bullish): Our target zone: 1.41000 — watch for strong resistance, overbought signals & a possible trap. Escape with profit when you see the signs. Entry (Bearish): If you prefer the short side: you may enter anywhere, but keep sharp eyes on pullback zones and the target levels below. Bearish Targets: 1.39400 & 1.39000 🔍 More to watch – Related Pairs & Correlations: OANDA:USDCHF (often moves inversely with USD/CAD) OANDA:AUDUSD (commodity-linked crosses, relevant when commodities shift) OANDA:CADJPY (Canadian dollar strength/weakness can show up across CAD pairs) Watch how CAD strength or USD strength flows across pairs. When CAD weakens, USD/CAD rises — when CAD strengthens, USD/CAD dips. ⚠️ Note: Dear Ladies & Gentleman (Thief OG’s), I am not recommending you set only my stop-loss or take-profit rules. It’s your own choice — make money, then take money — at your own risk. ✨ Footer: “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📌 Disclaimer: This is Thief style trading strategy just for fun. #USDCAD #Forex #SwingTrade #DayTrade #Loonie #ForexSetup #ThiefTrader #TradingViewIdeas #ForexAnalysis #CurrencyPairs
by The-Thief
2
Is the USD/CAD Re-Accumulation Zone the Next Bullish Launchpad?💰 USD/CAD “THE LOONIE” — Forex Market Profit Playbook (Swing/Day Trade) 📊 Plan: BULLISH Bias confirmed by Re-Accumulation Zone (Smart Money activity detected!) The “Thief Strategy” hunts liquidity smartly — using layered limit buys at key levels to capture institutional footprints without chasing candles. 🎯 Entry Plan (Layering Strategy Style) The Thief strategy uses multiple buy limit layers — a smart method to scale into a position without full exposure at once. Buy Limit Layers: 1️⃣ 1.39800 2️⃣ 1.39900 3️⃣ 1.40000 4️⃣ 1.40200 💡 You can adjust or increase the limit layers based on your own trade risk and capital exposure. 🛡️ Stop Loss (SL): 📍 Suggested protective stop: 1.39600 Not financial advice — each trader’s risk tolerance may vary. Manage risk wisely like a pro! 💵 Target (Take Profit Zone): 🎯 1.41300 — The “Police Barricade” (major resistance area). This zone may act as a strong barrier due to overbought conditions and potential liquidity traps. Take your profits smartly and escape before the cops arrive! 🚓💨 ⚠️ Notes to Thief OGs: Dear Ladies & Gentlemen (Thief OGs) — this isn’t a signal, it’s a playbook idea. You’re free to adjust entries, SLs, and TPs based on your own analysis and money management plan. Trade smart. Take profits wisely. Risk what you can afford to lose. 🧠💼 🔍 Related Pairs to Watch: TVC:DXY (US Dollar Index) → USD strength driver, watch for momentum continuation. BLACKBULL:WTI (Crude Oil) → Strong inverse correlation with CAD; rising oil often boosts CAD (bearish USD/CAD). FX:USDCNH → USD sentiment barometer — positive correlation with USD/CAD. OANDA:AUDCAD / OANDA:NZDCAD → Cross-check for CAD sentiment confirmation across commodity pairs. 🧭 Key Catalysts & Correlations: USD fundamentals: Fed stance, CPI, and bond yields continue to influence direction. CAD sentiment: Oil price movement and BoC tone will shape the medium-term bias. Risk sentiment: Strong equity rally = weaker USD; risk-off tone = stronger USD. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📜 Disclaimer: This is a Thief-style trading strategy shared for educational and entertainment purposes only — not financial advice. Trade responsibly and with discipline. #USDCAD #Forex #SwingTrade #DayTrade #SmartMoney #Reaccumulation #PriceAction #LiquidityHunt #TradingStrategy #MarketPlaybook #FXAnalysis #DollarIndex #ThiefStrategy #TradingViewIdeas #BullishSetup #ForexCommunity
Long
by The-Thief
USD/CAD Price Outlook – Trade Setup📊 Technical Structure OANDA:USDCAD USD/CAD is trading flat around 1.3950, holding below the 1.3966–1.3975 Resistance Zone, where repeated rejections keep the short-term bias tilted to the downside. The pair continues to oscillate within a compressed structure, failing to sustain any break above resistance, while the 1.3928–1.3937 Support Zone remains untested below. As long as price stays under the resistance band, the structure favours another push lower toward support. A clean hourly close above 1.3975 would invalidate the bearish setup and shift momentum back upward. 🎯 Trade Setup Entry: 1.3966 – 1.3975 Stop Loss: 1.3980 Take Profit 1: 1.3937 Take Profit 2: 1.3928 Risk–Reward Ratio: Approximately 1 : 2.5 Bearish structure remains valid below 1.3975. A breakout above this level invalidates the setup. 🌐 Macro Background USD/CAD trades in a tight range ahead of Canada’s November employment report. Markets expect the Unemployment Rate to rise to 7%, signalling slower labour-market conditions and increasing the likelihood that the Bank of Canada (BoC) could extend its easing cycle at next week’s policy meeting. Soft Canadian data would generally weaken the CAD. Meanwhile, the US Dollar remains subdued as traders firmly price in a 25 bps Fed rate cut at the December 9–10 meeting. According to the CME FedWatch Tool, the probability of a cut stands near 87%. Weakening labour-market indicators in the US and expectations that tariff-driven inflation is non-persistent add to the dovish pressure on the USD. Overall, both currencies face macro headwinds, but the technical picture for USD/CAD favours a downside continuation toward support unless Canada’s jobs report surprises significantly. 🔑 Key Technical Levels Resistance Zone: 1.3966 – 1.3975 Support Zone: 1.3928 – 1.3937 Structure Break (Invalidation): 1.3980 Targets: 1.3937 / 1.3928 📌 Trade Summary USD/CAD remains capped beneath the resistance zone, preserving a short-term bearish structure. The preferred approach is to sell into 1.3966–1.3975, targeting a move back toward 1.3928–1.3937 support. A sustained move above 1.3980 cancels the setup. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Short
by ATFX_Global
USD/CAD Closing in on Breakout! Will Bulls Take Control?🔥 USD/CAD "THE LOONIE": Bullish Breakout Play (Swing Trade Setup) | Layer Entry Strategy 🚀 TradingView Description: 🎯 TRADE IDEA: BULLISH SWING ON USD/CAD 🏆 Plan & Thesis: The Loonie is approaching a critical juncture! 🧐 We are stalking a potential bullish breakout above the strong resistance zone at 1.41400. Our plan is to patiently wait for a confirmed breakout and momentum shift, signaling the next leg up. This is a swing trade opportunity targeting a key resistance area. ⚡ Why This Setup? Key Resistance Break: A decisive break above 1.41400 indicates buyer strength overpowering sellers. Trend Continuation: Aligns with the broader bullish structure on the higher timeframes. Low-Risk, High-Reward Entry: Using the "Thief" layer strategy to optimize our average entry price. 📈 Trade Execution Details: 🎯 Entry Strategy (The "Thief" Layer Method): 🤑 We do not chase the price! We use a strategic layer of Buy Limit orders to enter on any retracement after the breakout is confirmed. Layer 1: 1.41200 Layer 2: 1.41000 Layer 3: 1.40800 Layer 4: 1.40600 👉 You can adjust the number of layers and levels based on your capital and risk appetite. 🛑 Stop Loss (RISK MANAGEMENT): A consolidated stop loss is placed below all entry layers at 1.40400. ⚠️ Disclaimer: This is MY stop loss. Please adjust your position size and SL based on YOUR personal risk management strategy. Protect your capital! 🎯 Take Profit Target: Our primary profit target is set at 1.42100, a zone of strong historical resistance where we anticipate a pullback or overbought conditions. 💡 Pro Tip: Consider taking partial profits on the way up and moving your stop loss to breakeven to secure risk-free trades! 🌐 Market Context & Correlated Pairs to Watch: Understanding correlations is key to validating this thesis! Keep an eye on these: OANDA:USDCAD & PEPPERSTONE:USDX (DXY): 👑 DIRECT CORRELATION. A stronger US Dollar Index typically boosts USD/CAD. Watch for DXY strength to confirm our bullish bias. OANDA:USDCAD & GETTEX:WTIC (Crude Oil): 👑 INVERSE CORRELATION. Canada is a major oil exporter. If Oil prices fall, CAD often weakens, pushing USD/CAD higher (bullish for our trade). FX:EURUSD & FX:GBPUSD : These major pairs often move inversely to the USD. If they are falling, it can signal broad USD strength, supporting our USD/CAD long. ✅ Key Takeaways: ✅ Wait for a confirmed breakout and close above 1.41400. ✅ Execute entries using the layer method for best average price. ✅ MANAGE YOUR RISK! This is not financial advice. Your risk, your rules. ✅ Watch correlated pairs ( TVC:DXY , TVC:XAU , GETTEX:WTIC ) for confluence. 👑 Let's get this bread, traders! If you found this idea helpful, please give it a LIKE 👍, SHARE it with a fellow trader, and FOLLOW me for more high-quality setups! Your support helps the community grow! 💬 Drop a comment below with your thoughts!
by The-Thief
1
USD/CAD Price Outlook – Trade Setup (USD/CAD)📊 Technical Structure OANDA:USDCAD USD/CAD remains supported above 1.4014–1.4019, a key intraday demand zone that has supported price multiple times over the past sessions. Price is attempting a rebound from this support area, pushing back toward the 1.4040–1.4045 intraday pivot. A sustained move above 1.4050 may open room for a continuation toward the resistance zone at 1.4066–1.4072, which aligns with previous supply and structural highs on the 30M chart. Failure to hold 1.4010 would invalidate the bullish setup and expose downside risk toward 1.3980. Overall, price action favours a buy-the-dip structure as long as the support zone remains intact. 🎯 Trade Setup Idea: Buy from support zone for continuation toward resistance. Entry: 1.4014 – 1.4019 Stop Loss: 1.4011 Take Profit 1: 1.4066 Take Profit 2: 1.4072 Risk–Reward Ratio: ≈ 1 : 6.46 Bias remains short-term bullish while the pair trades above 1.4010. 🌐 Macro Background USD/CAD extends modest gains around 1.4030–1.4050 during Monday’s Asian session as the Canadian Dollar weakens alongside declining crude oil prices. According to FXStreet, “USD/CAD holds gains near 1.4050 as lower crude Oil prices weigh on the Canadian Dollar.” 【FXStreet】 Oil Pressure on CAD: WTI crude pulls back from last session’s 2% rise, trading near $59.30 after Russia’s Novorossiysk port resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Meanwhile, the IEA warns of a potential 4 million bpd oversupply in 2026, reinforcing bearish pressure on energy markets. BoC Expectations: Markets expect the Bank of Canada to hold rates steady through 2026, unless economic conditions deteriorate further. October CPI data later today could influence rate expectations. Fed Commentary: Hawkish remarks from Fed officials continue to support the US Dollar. Kansas City Fed President Jeffery Schmid said monetary policy should “lean against demand growth,” calling current conditions “modestly restrictive.” Rate Cut Odds: CME FedWatch shows 46% probability of a 25bps Fed cut in December — a sharp decline from 67% last week, reducing near-term dovish expectations. Overall, the macro backdrop remains slightly USD-supportive, maintaining upward pressure on USD/CAD as long as oil prices stay weak and Fed officials maintain a cautious stance. 🔑 Key Technical Levels Resistance: 1.4066 – 1.4072 Support: 1.4014 – 1.4019 Psychological Level: 1.4050 📌 Trade Summary USD/CAD sustains above the 1.4010 support region, keeping the short-term bias tilted to the upside. Weakening oil prices and cautious Fed rhetoric favour a rebound toward 1.4066–1.4072. A break below 1.4011 would negate the bullish scenario and shift focus toward 1.3980. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Long
by ATFX_Global
USDCAD Eye a Deeper Pullback as Oil & Dollar Momentum CoolsUSDCAD, After a sharp rebound toward 1.4020, USD/CAD is showing signs of exhaustion as selling pressure re-emerges at the top of the recent range. With oil prices stabilizing near mid-60s and the Bank of Canada signaling patience amid weak but steady domestic data, the pair faces the risk of another leg lower toward 1.39 and possibly 1.38 if U.S. data underperforms. Current Bias Bearish – USDCAD is holding below key resistance at 1.4030, with price action suggesting a potential correction toward 1.3910 and 1.3810 in the short term. Key Fundamental Drivers Oil Recovery: Crude oil has rebounded from recent lows, supporting the Canadian dollar and easing upward pressure on USD/CAD. Divergent Central Bank Tone: The Fed remains cautious on cuts, while the BoC maintains a “wait and assess” stance, reflecting a balanced policy gap that limits upside for USD/CAD. Data Softness: Canada’s growth data remains sluggish, but labor market strength offsets deeper pessimism. Meanwhile, U.S. consumer and manufacturing resilience keeps USD demand steady. Yield Differentials: Modest narrowing between U.S. and Canadian yields favors mild CAD appreciation if risk sentiment holds stable. Macro Context U.S. economy continues to show solid momentum, though some leading indicators are flattening. Fed officials, including Logan and Schmid, have signaled that rates are restrictive enough but still not ready for aggressive cuts. In Canada, Q2 GDP showed contraction, but employment and wage data suggest the downturn is shallow. The BoC remains cautious, preferring stability over immediate easing. Oil’s moderate rebound and stable export demand provide underlying CAD support. Globally, energy market stabilization and China’s steady PMI data are limiting risk-off flows, reducing USD’s haven premium. Primary Risk to the Trend A sudden decline in oil prices or a hawkish shift from the Fed could reignite USD strength and push USD/CAD back toward 1.41+. Conversely, an unexpected BoC hawkish tone or strong Canadian employment data could accelerate the downside. Most Critical Upcoming News/Event U.S. ISM Manufacturing and Services PMI U.S. Non-Farm Payrolls and CPI data Canada Employment Report and Ivey PMI BoC’s Business Outlook Survey Leader/Lagger Dynamics USD/CAD typically acts as a lagger to broader USD trends but a leader among commodity-linked currencies (AUD/CAD, NZD/CAD). Oil and Treasury yield moves drive its direction, while DXY strength or weakness sets the overall bias. Key Levels Support Levels: 1.3910, 1.3810 Resistance Levels: 1.4030, 1.4080 Stop Loss (SL): 1.4070 (above structural resistance) Take Profit (TP): 1.3810 (lower support confluence) Summary: Bias and Watchpoints USDCAD carries a bearish bias as short-term momentum fades below 1.4030. The combination of firmer oil prices, a steady BoC stance, and a cooling dollar backdrop sets the stage for a pullback toward 1.3910 and potentially 1.3810. Traders should watch for confirmation from upcoming U.S. ISM and jobs data, which could either reinforce the correction or restore USD dominance. A stop above 1.4070 helps protect against sudden yield-driven spikes, while 1.3810 remains the key target zone aligned with both technical structure and the evolving macro narrative.
Short
by ultreosforex
7
USD/CAD) Bullish trend analysis Read The captionSMC Trading point update Technical analysis of USD/CAD on the 4H t Overall Concept The analysis suggests a retracement entry before a continuation to the upside. The market is currently bullish, respecting higher highs and higher lows. The analyst expects a pullback into a discount zone (Fibonacci retracement) before a move toward the target point at 1.41464. --- Technical Breakdown 1. Trend Context Price is trading above both the 50 EMA (1.40120) and 200 EMA (1.39622) → confirming bullish momentum. The strong impulsive bullish candles indicate institutional buying. 2. Key Levels Current Price: 1.40843 Retracement Zone (Potential Buy Area): Between the 0.62–0.79 Fibonacci retracement levels (≈1.4060–1.4040). Target Point: 1.41464 3. Fibonacci Tool The retracement tool is drawn from the most recent swing low to swing high. The blue shaded zone marks the discount entry zone, ideal for smart money re-entry after a short pullback. 4. Expected Move Scenario: Price retraces to the 0.62–0.79 zone (liquidity sweep or mitigation of demand) Then: A bullish continuation toward 1.4146 target level, which aligns with previous liquidity or imbalance area. 5. Volume & Confirmation Volume is moderate (14.73K), supporting a healthy bullish push after correction. Candlestick structure shows strong bullish impulses with minor pullbacks → confirming buyer control. --- Trade Idea Summary Bias: Bullish Entry Zone: 1.4060 – 1.4040 (Fibonacci discount zone) Stop Loss: Below 1.4020 (beneath previous structure) Target: 1.4146 Risk-to-Reward (RR): Approximately 1:3 or better Mr SMC Trading point --- Confirmation to Watch Bullish rejection candle or engulfing pattern within the blue zone EMA 50 holding as dynamic support Possible equal highs liquidity sweep near 1.4146 as the final take-profit zone Please support boost 🚀 this analysis
Long
by SMC-Trading-Point
1
#USDCAD: Price to continue remain bullish! Let's wait and watchDear traders, I hope you all are doing well. The USDCAD pair has been extremely bullish since the CAD currency began to decline. We now have an excellent opportunity to rise, with the potential for the price to reverse in good time. This analysis is based solely on the current market conditions and price behaviour, so it may differ from your own views. The target is a swing, and you can adjust it according to your own analysis. Please use this analysis for educational purposes only. Good luck and trade safely! Team Setupsfx_
Long
by Setupsfx_
8
USDCAD: Momentum Falters as Bears Eye Deeper CorrectionAfter a strong run higher, USDCAD is now showing signs of exhaustion. Price action has slipped below a short-term trendline, and with CAD fundamentals anchored by oil prices, the pair looks increasingly vulnerable to a pullback. The recent stalling near 1.4070 suggests buyers may be losing grip, opening the door for sellers to drive a corrective wave lower. Current Bias Bearish – momentum has shifted, with lower highs forming and trendline support already breached. Key Fundamental Drivers USD: Fed officials remain cautious on cutting rates too quickly, but sticky inflation risks could limit downside in the dollar. CAD: Supported by oil market stability and resilient wage data, even as broader growth remains soft. Relative Outlook: CAD gains the upper hand in commodity-driven environments, particularly when oil stays bid. Macro Context Interest Rates: Fed is on a slower path to easing compared to the BoC, but markets have priced in eventual US rate cuts. Economic Growth: US growth is slowing but still outpacing Canada, though oil revenues balance the picture for CAD. Commodity Flows: Oil prices remain the most critical support for CAD. Any extended rally in energy prices strengthens downside bias in USDCAD. Geopolitical Themes: US trade tensions and global policy risks feed USD volatility, while CAD’s link to oil offers a clearer directional driver. Primary Risk to the Trend A sudden drop in oil prices or a hawkish Fed surprise could lift USD and break bearish momentum in USDCAD. Most Critical Upcoming News/Event US PCE inflation and labor market data. Canada employment and CPI releases. Weekly oil inventories and OPEC+ commentary. Leader/Lagger Dynamics USDCAD often trades as a lagger, following USD moves against majors like EURUSD or DXY. It also shadows oil fluctuations, making CAD more reactive than proactive. Key Levels Support Levels: 1.3910, 1.3818, 1.3738 Resistance Levels: 1.4029, 1.4079 Stop Loss (SL): 1.4079 Take Profit (TP): 1.3818 (first), 1.3738 (extended) Summary: Bias and Watchpoints USDCAD is leaning bearish after breaking below its short-term trendline, with price action suggesting a correction toward 1.3910 and potentially 1.3818. The trade setup favors shorts with SL above 1.4079 to protect against Fed-driven dollar spikes. CAD strength remains tied to oil, so energy headlines are crucial watchpoints. While USD remains fundamentally supported, the short-term flow favors sellers, making this a correction opportunity rather than a trend reversal.
Short
by ultreosforex
Trading Map for USD/CAD — Bullish Layered Entry Strategy🦒 The Loonie Heist: USD/CAD Swing & Day Trade Wealth Map 🚀 Asset: USD/CAD ("The Loonie") Outlook: Bullish 📈 Vibe: Thief-Style Layering Strategy — Sneaky, Smart, and Stylish 😎 Welcome, Ladies and Gentlemen, to the Loonie Heist! This USD/CAD trading plan is designed for the crafty traders out there — our Thief OG's — ready to layer up entries and snatch profits like pros. Let’s break down this stylish, rule-compliant TradingView idea that’s ready to steal the spotlight! ✨ 📜 The Plan: Bullish Breakout with a Thief’s Precision 🕵️‍♂️ Strategy: Thief Layering — A multi-limit order approach for smooth, calculated entries. Entry Levels: Deploy your buy limit orders like a mastermind at: 1.39300 1.39400 1.39500 1.39600 Pro Tip: Feel free to add more layers based on your risk appetite — scale it up, Thief OG style! Stop Loss (SL): Set a sneaky SL at 1.39000 to guard your loot. Note: This is my suggested SL, but you’re the boss of your trades — adjust to your risk tolerance! ⚠️ Take Profit (TP): Aim for 1.40500, just shy of the 1.40600 police barricade (a strong resistance zone with overbought signals and potential traps). Lock in profits and escape like a pro! 🏃‍♂️ Note: TP is your call — take the money when it feels right! 🔍 Why USD/CAD? Key Market Insights 🧠 Market Context: USD/CAD is riding a bullish wave, driven by USD strength and CAD’s sensitivity to oil prices. Keep an eye on macroeconomic data like US Non-Farm Payrolls and Canadian employment reports, as they can sway the Loonie! 📊 Technical Setup: The pair is testing key support levels around 1.39300–1.39600, making it a prime spot for layered entries. The 1.40600 resistance is a historical hurdle, so watch for price action there! 🚨 Thief’s Edge: By layering buy limits, you’re stacking the odds in your favor, catching dips and riding the trend with finesse. 💰 Related Pairs to Watch 👀 Keep these correlated pairs on your radar to spot opportunities and confirm trends: OANDA:USDCHF ($): Positive correlation with USD/CAD due to USD strength. If USD/CHF is climbing, it could signal more upside for USD/CAD. OANDA:AUDUSD ($): Negative correlation with USD/CAD. A falling AUD/USD (stronger USD) often aligns with USD/CAD bullish moves. OANDA:NZDUSD ($): Similar to AUD/USD, this pair’s weakness can support USD/CAD’s bullish case. Key Point: Watch oil prices (WTI, Brent) since CAD is a commodity currency. If oil weakens, USD/CAD may push higher! 🛢️ ⚠️ Risk Management (Thief’s Code) 🛡️ Risk Disclaimer: Trading is a high-stakes game, and this Thief-Style Strategy is for fun and educational purposes. Always manage your risk, set your own SL/TP, and trade responsibly. Don’t chase the market — let it come to you! Position Sizing: Adjust your lot sizes based on your account and risk tolerance. The Thief OG never risks the whole vault! 💸 ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” Disclaimer: This is a Thief-Style Trading Strategy crafted for fun and educational purposes. Trade at your own risk, and always conduct your own analysis. #Hashtags: #USDCAD #Forex #SwingTrading #DayTrading #ThiefStrategy #LoonieHeist #Bullish #TradingView
by The-Thief
Is This the Next Bullish Wave for USD/CAD Traders?💵 USD/CAD "THE LOONIE" | Forex Market Wealth Strategy Map (Swing/Day Trade) 📊 Trade Plan: BULLISH Outlook Entry Style (Thief Layering Strategy): Multiple buy limit orders layered around 🔑 key levels. Example layers: 🟢 1.37600 🟢 1.37700 🟢 1.37800 🟢 1.37900 🟢 1.38000 (You can increase or reduce your own limit layers depending on risk & style). Stop Loss (Thief SL 🚨): 🛑 Suggested protective stop @ 1.37400 ⚠️ Note to my OG Thief crew: This SL is just my style. You are free to choose your own SL — manage your risk your way. Target (Police Trap Exit 🎯): 👮‍♂️ Strong resistance + overbought conditions = possible trap zone. 🎯 Target: 1.39200 ⚠️ Note: Same as above — this TP is my roadmap, but you choose how & when to take profits. Escape smart! 🔍 Key Market Outlook USD/CAD shows bullish momentum supported by USD resilience and CAD lagging on weaker oil flows. Macro View: Fed’s tone + oil market softness = stronger USD pressure on CAD. Sentiment Check: Buyers layering in, market showing gradual accumulation. Police (resistance) spotted higher up — profit-taking advised before getting caught in the trap! 🔗 Related Pairs to Watch & Correlations 💹 TVC:DXY → Dollar Index (tracks USD strength 💪). 🛢 BLACKBULL:WTI Crude Oil → CAD correlation 🔑 (weaker oil = weaker CAD). 💶 FX:EURUSD / FX:GBPUSD → Inverse flows vs USD. 🇲🇽 FX:USDMXN → Another USD + commodity-linked pair to compare moves. Keeping an eye on these helps confirm momentum across markets ✅. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ Disclaimer: This is a Thief style trading strategy 🥷 created for fun & educational sharing only. This is not financial advice. Trade at your own risk. #USDCAD #Forex #SwingTrade #DayTrading #TradingStrategy #Loonie #ThiefStyle #FXCorrelations #Dollar #CAD #ForexCommunity
Long
by The-Thief
USD/CAD Bullish Bias Supported by COT Data and Seasonal Trends🗓 Monthly Chart Overview • Price Inefficiency Zone: There's a clear imbalance between 1.40165 and 1.41248, suggesting a potential magnet for price. A retracement to at least the 50% level of this inefficiency could be expected. • Bullish Structure: Price has formed a bullish order block and is currently retracing, which often precedes a continuation move upward. • This setup hints at accumulation before a bullish expansion. 📆 Weekly Chart Insights • Inefficiency Filled: Price has filled previous inefficiencies, showing healthy market structure. • Liquidity Behavior: We've seen price sweep lows, then begin sweeping highs, while respecting bullish blocks—a strong indication of a shift in directional intent. • This behavior supports the idea that USD/CAD is preparing for a bullish continuation. 📅 Daily Chart Momentum • Aggressive Breakout: After a period of consolidation, price broke out aggressively to the upside, confirming bullish momentum. • Structure: The daily chart maintains a bullish structure, reinforcing the higher timeframe bias. 💹 Commitment of Traders (COT) Data • USD Positioning: The U.S. Dollar is showing net buying interest, supporting strength. • CAD Positioning: The Canadian Dollar is net bearish on average when compared to last year’s data. • This divergence in sentiment adds confluence to a bullish USD/CAD bias. 📊 Seasonal Trends • Historically, USD/CAD tends to rise from August through November, with September, October, and especially November being the most bullish months. • This seasonal tendency aligns with the current technical and fundamental setup. 🏦 Macro Considerations • Interest Rates: Keep a close eye on central bank rate decisions and forward guidance, as they can significantly impact USD/CAD volatility and direction. 🔍 Summary USD/CAD shows strong bullish potential across monthly, weekly, and daily timeframes. Technical structure, COT data, and seasonal trends all point toward a continuation to the upside. A revisit to the inefficiency zone around 1.4060–1.4120 could be a key target in the coming months.
Long
by Wiiso
#USDCAD: Two Major Buying Zones, Patience Pays! As previously analysed, USDCAD is expected to decline towards our predetermined entry point. We anticipate a bearish US Dollar for the remainder of the week, which will ultimately lead USDCAD to reach the entry zone. Three distinct target areas exist, collectively worth over 1100 pips. Each entry point, stop loss, and take profit is clearly defined. We wish you the best of luck and safe trading. Thank you for your support. If you wish to assist us, we encourage you to consider the following actions: - Like our ideas - Provide comments on our ideas - Share our ideas Kind Regards, Team Setupsfx_ Much Love ❤️🚀
Long
by Setupsfx_
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