This is my idea on USDCAD pair. Expecting price to rise to 1.27675
Firstly I apologies for my voice I'm currently trying not to lose it LOL, anyway I've still got my short trade open but moving stops to breakeven, we seen price get a bit choppy Friday and I do expect weakness from the dollar... so a sell off or push down on USDCAD I feel is coming, the hard part is getting the best position with the lest risk. Ill monitor price...
Hi everyone this is my trade set up for the USD/CAD for the new week ahead USD/CAD i think will push higher i am expecting a pullback to the order block zones and will be looking for a buy trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk...
Looking at catching the pullback move back down to atlest 1.25400, we are still in an overall 4 hr uptrend so make sure if you do enter and go into profit, move those stop losses to breakeven pretty quickly.
We have 4 hours of Hayden Diver positive material. The price is above the uptrend line and the pullback is over Therefore, the price rises to the previous ceiling after crossing the specified line
Hi everyone this is my trade set up for the USD/CAD for the new week ahead USD/CAD i think will push higher i am expecting a pullback to the order block zones and will be looking for a buy trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk...
Hello traders, USDCAD has tested the long-term trend line as resistance and rejected to the downside. This weekly price has opened with a gap and it is highly likely that this instrument may break to the downside.
This is my idea on USDCAD pair. Expecting price to rice to 1.27594 By price actions
The dollar cad tested the bottom of the channel like we predicted and moved up higher, it has now tested the top of the channel and faced some rejection, are we going to see a break out? BEAR CASE Until proven otherwise, our bias is to the downside. We expect to see it test the bottom of the channel once more and if it faces rejection there or before there, we...
This is my idea on USDCAD pair. Expecting price to fall to 1.23440
Pair: USDCAD Timeframe: Daily Position: N/A Sentiment: Bullish TLDR: Cup and handle formation on USDCAD. Looking for long above 1.2495 level given proper handle structure to 1.2800 (previous level of supply). Outlook: Pair has been in a downtrend, but a recent move in the middle of June looked to reverse the trend. Looking back at that move, we can see there...
Been a bit of a slow start to the week but we are now starting to shape some possible new moves, one of them been a possible continuation on USDCAD. Ill be waiting for more rejection out of 1.24000 area before taking longs. As always risk manage and keep to that trading plan!!
The DXY index continues to rise and the USD/CAD pair retreated again after the US Non-Farm Payrolls surpassed expectations and the US dollar rose to daily highs. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your...
USDCAD decline from wave B high is taking the shape of Elliott Wave five-wave impulse pattern. The corrective sequence within the impulsive decline follows the EW alternation guideline. Wave (ii) was a sharp correction that retraced 61.8% of wave (i) and wave (iv) is a complex correction and has retraced 38.2% of wave (iii). Price is expected to head lower in...
we are going to discuss this in the future. meanwhile, here are the trades im in at the moment.
Like I've been explaining I think we will get an upside rally on USDCAD its just a matter of getting a good entry point, as mention there will be some impactful data in under 2 hours so be careful!! ill be taking a look at price over the weekend for setups leading into next week, I never place trades before any uncertain times (news/data events) its a straight...
USDCAD I've taken a short position risking ONLY 1%, I'm looking at targeting around 1.23200 where ill be looking for possible long trades depending on price action.
after breaking the triangle pattern, it is expected that the pair will move to the targetted area