All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently .
We will be looking for buying opportunities as the market is still above the support zone and still respecting it resulting in buys
The USDCAD currency pair is currently navigating through a crucial demand zone, with the primary level resting at 1.36820. This zone denotes a significant area where buyers are exhibiting heightened interest, potentially signaling a shift in market sentiment towards bullishness. Traders closely monitor this demand zone as it represents a key inflection point where...
The Loonie (USD/CAD) has just bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 1.37189 1st Support: 1.36879 1st Resistance: 1.37817 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USDCAD in bearish trend with bullish AB=CD chart pattern is indicating reversal from bearish to bullish trend at point D.
Hello friends In the USDCAD currency pair, we see the formation of a clear Elliott pattern. We are currently in wave 4 of C or 3. According to the formation of 5 microwaves in wave 4, a zigzag should be forming, which has a structure of 5-3-5. So we are waiting for a small wave 5 in wave 4 and then price growth to the range of 1.3850 and 1.3970. Usually wave 4...
Im looking bullish for this pair. Trade with your own risk guys
USDCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USDCAD Entry Point - 1.3745 Stop Loss - 1.3786 Take Profit - 1.3679 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
now we are in a perfect Zone on USDCAD in 4H - 1H Scale so using Lower Time Frame PA u can put a liitle risk on it to take a BUY ...
The Canadian dollar pair is in the fifth wave. I expect it will go to the place shown on the Chart. The stop loss is if it closed two candles below 1.31726 for a 4-hour frame.
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. USDCAD TREND-FOLLOWING. 📚 👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising orange channel. 👉Moreover, price approached our rising trendline, lining up with our massive...
USDCAD Showing Bearish Momentum if continues and following ABCD Trade willing to short from here to the next Road Block Resistance
✅USD_CAD is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at 1.370 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Here I have USD/CAD on the Daily Chart! Price on UCAD has been Ranging between the Resistance Zone @ ( 1.3880 - 1.3804 ) & Support Zone @ ( 1.3223 - 1.3116 ) since Sept. 2022!!! Price revisited the Resistance Zone on Apr. 16th-17th and since has created a LOWER LOW with price finding a Minor Support Level @ ( 1.3647 - 1.3616 ) Suspecting Price may be creating a...
The USDCAD is once more testing a significant key level identified on the daily timeframe, showing signs of a potential reversal based on price action. Repeated rejections around this zone indicate it being respected as a support. There's anticipation for the reversal to revisit the major resistance established on the daily timeframe. Additionally, analysis of the...
The pair is trading in a resistance area for the past week and its now shifted on the down side. Also US dollar loosing power.
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3628 which is an overlap support that lies underneath the 61.8% Fibonacci retracement level. Stop loss is at 1.3590 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at...
buy position is good and news for cad was weak 1.36850 for tp is best