Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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...
My views on USDCAD is bearish.
Retest support line 1.2673
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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 has been trading within the confines of a triangle pattern since Jun last year and it looks like the pair is not yet ready to break to either sides!
At this point , i expect the pair to test the Resistance zone of 1.29000 and then move down all the way to 1.26800. Hence , my final Target for the pair is 1.26800 !!
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...
Hi traders, price fall from strong resistance with double bottom and now broke a horizontal and dynaimc resistance + 0.5 fibo go on or wait to retest
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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
Looking at the USDCAD on the daily chart TradingView community, could we see a new move lower if sellers can reverse today's rally and break last Friday's low?
We are looking for that low break as it will back up a break of the fast trend and confirm the current bearish CCI. Risk markets look to be back in vogue on the short term, but this could be a short term...
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Hi traders.
I use the supply-demand method for my analysis.
I expect the price will reach the red line.
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What do you think about this setup?
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Everything I share is how I trade personally. 😉
Enter the trade by checking yourself.☑️
Do not put more than 3% of your capital at risk! ❌
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...
I am currently short on USDCAD with a RR:1:1
USDCAD has shown some momentum weakness to the upside creating a consolidation zone. Price has then broken to the downside of that consolidation zone and also confirmed the downside breakout with an engulfing candle. TARGET is at key level 1.1819 .
wait fro a break and retest on the trend line on one hour to confirm a possible sell opportunity. i would wait for rsi to go back to 50 level and confirm if it will resist it before shorting as a confluence
