Looking for a short term sell down to the bigger TF support
Hello traders, here is the trade plan for USDCAD. ENTRY RULES :- Wait for retest of breakout to go short. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
In this video, I will talk about USDCAD setup happening on the D1 and H4 chart. Let's find out what happens. And if you like the video hit the LIKE Button thanks.
1.37000 will be our entry point once we see a bearish price action
30M STRONG BEARISH CONFIRM AWAY FROM THE ZONE, OR A 15M CLOSE AND A BREAK OF THE LOW.
The USD/CAD has formed a 3-4 Setup One Short on the Hourly Chart On the Daily, we can see its stuck within a tight range That range is the Wave 4 of the D1. It's a Wave 4 within Bullish formation. So the breakout of the highs of the range will leave to Wave 5 Meanwhile, price is hovering near the Lows of the Range. Drop the H1 chart and you find a Setup 1...
Hey guys! This is my forecast for USDCAD. My forecast is concentrating on the third touch on the channel. This gives me a bigger edge for the short position. I always look for the multitouch identification and little bit of correction to the third makes it also more probable for short. My profit target is to the lows of the structure so I'm happy to take the...
Price is approaching our first support where we could see a bounce above this level to our first resistance level. Stochastic is showing signs of bullish pressure as well. We will be posting the written version as well, linked below! Leave a comment on what you would like to see next!
This is my brief analysis of USDCAD. If you are a swing/day trader: 1) You need to watch the bigger picture first and then come to lower timeframes. 2) Always think in probabilities and ask yourself what is Probable and Possible .
Hi Traders, here is the full Update Analysis / Breakdown for USDCAD . Keep this pair on your watch-list. Conditions - 1.Wait for confirmation ( Break & Retest Of Structure Level ) 2.Use Risk Management ( Risk 1% of your capital ) 3. Do your Own analysis! 4. Follow for more Analysis like this ! Dont forget to give me a like & Follow let me know in...
USDCAD is likely approaching the end of its trend, you should watch out for correction waves to take advantage of it.
Info in the video. Follow me!
For the past few weeks, USDCAD has formed an indecision candle, a rejection of the WK 61.8 Level. A double top has formed, with bearish sell Price Action. A pull-back is expected for a valid entry or setup to occure based on market conditions
Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am...
The trend is your friend, most of the time. The dollar continues to slip against the CAD, we are approaching near term support at 1.30000 region. For long term swing opportunities, we need a close below this region, maybe even a retest & rejection as further confirm. To get notice of when/if I enter this trade, be sure to join my free Telegram channel down below.