USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance 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) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
USDCAD ( Daily) has created a head & shoulder on the daily and strong bearish price action. It is highly likely that it will have a big drop in the monthly support zone. As per price action shown on the daily, we have seen back-to-back 2 bearish engulfing has formed. Also, we have 10EMA and 20EMA cross-over on a daily time frame. We could see a potentially larger...
Confluence: 1. Price Action-Lower High and Lower Lows 2. Price below 200 EMA
I am going to sell it at the resistent zone ... I hope you fine this beneficial, if so please like and comment below
On the H4 time frame, prices are facing bearish pressure from the resistance zone at 1.2950 which coincides with the graphical support-turned-resistance zone and 38.2% Fibonacci retracement with further downside risks seen. A break below the intermediate support level at 1.2820 would provide the bearish acceleration to our support zone at 1.2680. Ichimoku cloud is...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance 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) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Every thing is in the chart. Now you can look for a long position. TP1 is 1.3045 and TP2 is 1.3137 then we can wait for short position in there (two red order blocks on the top). TP1 for short positions is 1.2685 and final TP is 1.2619 good luck
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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...
USDCAD short trade in progress. Reversal trade identified. Working H1 timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Let's see where this trade finishes up. Thanks for looking Fancy knowing how I identified this trade you know what to do. Darren🙌
VALUE area good rr inline with HTF good structure to the downside double TOP
Although, having conflicting signals from the COT report from last week. Where we can see that institutions are shorting the CAD currency. It is expected to see other currencies gain strength against the CAD. I saw this nice setup from my technical analysis. The pair is at a nice supply level where i am expecting to see a further push to the downside; I am risking...
Hi Traders, USDCAD overall looks bearish and we should see short term correction before sellers push down to lower boundary. On HTF price impulsively pushed down from upper boundary and it does not seem to be forming a bearish continuation structure yet a reversal channel which we can see the price make its way back up for a higher probability opportunity. ...
It broke a key swing low, expect it to move back into premium before going down again
expecting a short sell on UCad for approximately 60 PIPS, other way round....in case price bounces back. i expect a possible rejection at 1.29000.
USD CAD SHORT market structure liquidity order blocks price action
A beautiful short is setting up on USDCAD, that has the potenial for 300 pips in profitable bear movement .,the 1.25000 level is a significant demand zone to watch out for if this breakout carries price that far below
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance 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) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...