This analysis is still in line with last week's analysis, still looks bullish. on TF H4 seen forming a flag, most likely it is to continue the bullish trend when it breaks from the flag. valid analysis as long as the price does not fall more than the invalid area
usdcad this week was so annoying for me because although I predicted every leg, it hunted me 2 times and didn’t open my position once. now it got 2 QM setups, one for short and one for long. hope to not dodging
Fundamental Overview If the Federal Reserve meeting were held today, it is likely that they would maintain the current interest rates due to the ongoing uncertainty surrounding the banking sector. However, it's important to note that market conditions can change rapidly. If the upcoming weekend remains stable without any urgent need to rescue failing banks,...
if you look at price movements, it is likely that there will be a long bullish run for the next few weeks. This analysis is valid as long as wave 2 is not broken. take the opportunity to buy when the price is corrected
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.
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.
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.
USDCAD IDEA will move my sl if market makes me move it > WAITING AND PLOTTING
this pair analysis is going well, if you look at the past analysis it is still appropriate. there is a big possibility that this downward trend is just a correction, USDCAD will still continue to be bullish later. better to wait in the blue area to see if there is a reversal later.
the bullish price movements of the past few days have not been able to suppress the volume of the bearish candle that occurred on April 28. as long as the price does not penetrate the invalid area, this analysis is still valid, you can look for opportunities to enter sell
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.
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Bullish Channel in Long Time Frame as an Corrective Pattern and Rejection from the Lower Trend Line Divergence Break of Structure Completed " 12345 " Impulsive Wave and " A " Corrective Wave Rejecting from Fibonacci Level - 61.80%
After an uncorrected 350 pips rise, a pullback is necessary for USDCAD to swing bullish and surpass recent highs of 1.38060. I anticipate that the currency pair will react in the 1.36654 - 1.36844 area, which I find to be of high interest. Within 12 days, USDCAD has increased by 2.63%, but I am expecting a 1% pullback before it moves higher. Several confluences,...
Double Top in USDCAD in H1 timeframe along with bearish divergence may reverse the trend from bullish to bearish if it breaks support level of 1.352
Hey Guys! There was a new long trade that formed this week, possibly resetting the weekly bias. Therefore, this bias is reset back to neutral at this point. In this post I explain what's been happening on this weekly bias for the last couple of weeks, and moreover explain why this bias is reset at this point. That's it! I'll keep you guys updated! Ken
We can see the chart tells that it is in downside momentum. Now, the is a 3-hour supply area that can be a possible area for another short entry between 1.34289 to 1.34397. Then goes down to the daily demand at the bottom.
Heer is my view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
-fundamentally we have a strong USD compared to CAD considering the banking crisis stabilizing and predicting a higher chance for a soft landing for the fed -on the technical side : we have reached a a key level in the Daily and the 4H timeframes , RSI divergence in 5\15min timeframes, double bottom break in the 15min timeframe