# USDCAD > Chart: H4 > Trendency: Down > Rtrench Fibo 0.50 level > Toward to Lower Low
USD/CAD BUY LIMIT ENTRY 1 1.30380 ENTRY 2 1.30200 sl 1.30000 TP.1 1.30680 TP.2 1.30980 TP.3 1.31300 TP.4 1.31780 SWING TRADE
New Times - Following a rising trend that has been on the usdcad for many months, you can see in the graph above that a descending channel is created here. The Stochastic is at the bottom of the daily graph which means we are heading for a fix but the trend will remain bearish. Target: 1.2940
its good opportunity to buy USD at this level in dip and its near strong upward Trendline
USDCAD SELL @1.32812 SL @1.33301 TP @1.32403 TP @1.32101 TP @1.31502 Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. LINK IN BIO!! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
USDCAD retest Fail? Target 1.3070 1.2900 1.2770
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See chart for illustration This is a follow up from earlier publication on subject pair (see link below)
It appears price is gaining momentum in anticipation of a rally to the downside from 1.33500 zone since it has found it difficult to break this area in the last 2 weeks. Considering the present volatility in the USD currency, patience is pertinent as the price could break the 1.33500 zone up into the 1.5500 zone before the rally down. However, price action...
In the H1 graph, a rising channel is created. Because of our proximity to the channel's support line, we recommend buying. Risk Level: 3/5 In case the usdcad breaks down and drops below 1.3240 the signal will no longer be the same. Target: 1.3340
This is a follow up on earlier publications (see link below) Update on this pair coming up as we watch the present characteristics of price action around the 1.32200 zone
Bear trend. You can see in the graph above that the average line moves 200 very reliable which means that the usdcad above the line is worth buying and when the usdcad below is worth selling. This is already the second time that usdcad is trying to rise above the trend line with no success. Target: 1.3175
3 on mt4 Rejecting off Trend Line Rejecting off ressitance line Forming Head and Shoulder Evening Star Divergence 1hr, 4hr Quarters Theory Minor Zone * Long term uptrend Forming HH, HL about to form next low * Waiting to break Pivot
As described in the chart, USDCAD has bounced from the 4H EMA and expected to continue the bullish trend.