The Samaritan who turns back to praise God
Here is my analysis for USDCAD on H1 using Order Block. 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!
Traders, fasten your seatbelts as we decipher the Elliott Waves guiding the USDCAD into a potential downtrend. The initial wave sets the tone for a bearish narrative, and the second wave reinforces the prevailing sentiment, creating a compelling scenario for traders to explore short positions. With Elliott Wave Analysis as our compass, we navigate the waves that...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from higher timeframe perspective, so I am looking for longs. I expect bullish price action from here as price took sell side liquidity from old low and rejected from bullish order block. Like, comment and subscribe to be in touch with my content!
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.
we see that after the price exits the current liquidity area, a slight false breakout may appear as a liquidity sweep in the 1.272 area (1.35700 - 1.35710). then after the price fails at this level it is very likely that the price will retest the 1.38000 area, which is a fairly good sell area.
USDCAD closed a bear candle below its bull channel support last week, leaving the bulls to wonder if this is the beginning of the end! Will the US Dollar recover and bring us back into the bull channel? How do we trade this? We closed a candle below the bull channel, it's reasonable to be biased to short in the short term. The price may want to make contact...
Dear Traders, Our last idea on USDCAD, was a successful one it rejected at our area and dropped 160 pip; with this setup we anticipating price to do a retracement before it drop further. With accurate stop loss and risk management we can successfully achieve our target on this idea. what do you think of USDCAD?
usdcad break support with daily trend line test long term selling setup
USDCAD W1 - The price can form a 3-wave structure from a strong level, which can lead to a price drop to the level of 1.32260 to the lower border of the flat D1 - A triangular structure is formed; when it is fixed beyond the level of the triangle line, a sell entry can be considered. What can you expect? You can consider entering from the level 1.36549...
USD/CAD is forming a Head and Shoulders reversal pattern, potentially signaling the end of this bull channel. The price action has begun to stall and oscillate around the 1.37000 level and is now falling below the 200EMA. We are now faced with a reversal signal in a bull channel. How do we trade this? The probability of profit is greater longing in a bull...
This is for short term Daily candle break the structure lookin for sell Marked Possible Sell zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
As it is clear from the chart the price reached the BSL at 1.38275 and them we see a quick down movement. There is 2 bearish FVG and we can see a failure swing happens so that we can expect a bearish move to the closest swing low which is 1.345
The FX:USDCAD pair experiences downward pressure following the release of weaker US inflation data on Tuesday. Moreover, the uptick in crude oil prices is likely supporting the Canadian Dollar (CAD), adding to the pressure on the USD/CAD pair. The technical indicators paint a bearish picture for the USD/CAD pair. The 14-day Relative Strength Index (RSI) below...
i know its an risky trade but i trust my gut, i going shot in this pair as a swing trading and also if had any chance of taking any intraday or scalping trades i am going to take those trades according to its market directions
📉 USDCAD: Surfing the Waves of Short Trade Potential with Elliott Wave Precision 🌊📉📉 Embark on an exhilarating journey through the USDCAD market as we uncover the potential for short trade opportunities, guided by the precision of Elliott Wave Analysis. Decode complex wave patterns, pinpoint critical resistance levels, and explore advanced strategies tailored for...
With USDCAD today, applying specialized technical analysis, I suggest a counter-trend trade at the marked Supply & Resistance zone on the chart. The applied technical analysis includes: - Market structure, Supply zone. - Mid-frequency. - Outer frequency. - Fibonacci. This trade carries high risk; however, the potential reward justifies it! Good luck Traders!