Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
USDCAD H8: +200/+400 pips BEST Level to SHORT IT TP...
- Classic bullish setup
- Our team expects growth
Entry Point - 1.27676
Stop Loss - 1.25811
Take Profit - 1.30468
Our Risk - 1%
Start protection of your profits from lower levels
Like, comment and subscribe to our TradingView Page.
❤️ Please, support our work with like & comment! ❤️
USDCAD | Descending Broadening Wedge
USDCAD looks like it has completed a "Descending Broadening Wedge Pattern"
Since the mid of May the price is moving within this pattern that is not taking
a clear direction.
Now the price is finding again support close to the lower support line near 1.2730
This bullish movement is confirming a potential "E" wave for the...
The price, after breaking the uptrend, enters the phase of consolidation under the rising channel, after which the price starts to fall and goes to support 1.27222. I'm waiting for support testing and subsequent rollback. My target is 1.282 resistance
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Pair Name : USD/CAD
Time Frame : 4hrs / Daily / weekly
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
❗️The purpose of this analysis is to spread knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Reversal pattern has formed as the DXY pulls back, I believe we could see a further drop into demand unless we see some more interest hike rates. For now short term basis target time frame is by the end of the week
On the H4, with price expected to bounce off the stochastics, we have a bullish bias that price will rise to our 1st resistance at 1.28599 where the horizontal swing high resistance from our 1st support at 1.27126 in line with the swing low support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
The Canadian dollar hasn't made any spectacular daily gains since May 13th, when it shot up 1.1%. The currency has, however, made slow but steady progress against its US cousin. Earlier today, USD/CAD touched a low of 1.2731, its lowest level in three weeks.
Canada's retail sales for March helped the Canadian dollar rally on Thursday. The headline figure was...
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 in a downtrend after defining a top. The price action has broken down multiple minor supports and continues its journey downward.
Currently, it is approaching a strong horizontal level where price action may show some upside move.
Trade your levels accordingly.
USDCAD is been in an up channel ,it has hit the resistant and is now falling towards support of the channel
if the support hold we looking at 800 pip bullish push towards price point 1.31482 daily fib ext
wants or if we get a low price at the bottom of the channel and support holds it will be a good idea to turn to a one hour
time frame and look for low prices...
This trade looks similar to my BTC/USD analysis I posted long term ago that has played out very well.
I try with this tight stop loss but will most likely have to re-enter several times to get it right.