USDCAD WILL EXPLODE BUYTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB2
1.3600 is line in the sandIntraday Update: A very strong response off the 1.3600 level once again for the USDCAD, which will solidify it's importance this week ahead of the Bank of Canada rate decision and jobs report at the end of the week. by ForexAnalytixPipczar1
USDCAD | Hidden Bullish Divergence | AB=CDThe USDCAD chart has currently formed a Harmonic AB=CD Pattern, which indicates a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence on the 1-hour time frame, suggesting that the current downtrend is about to shift into an uptrend. Furthermore, the price has mitigated the Order Block (OB) and is now moving upwards. These confirmations indicate a short-term bullish momentum, although the overall structure on the higher time frame remains bearish. In summary: 1: Harmonic AB=CD Pattern: This pattern suggests a potential reversal zone (PRZ). 2: Hidden Bullish Divergence: Observed on the 1-hour time frame, this indicates a potential shift from a downtrend to an uptrend. 3: Order Block (OB): The price has mitigated the OB and is moving upwards, supporting the short-term bullish momentum. 4: Higher Time Frame Structure: Despite the short-term bullish signals, the overall structure on higher time frames remains bearish. It's important to consider these factors together and conduct thorough analysis before making any trading decisions.Longby awaisulabdeenUpdated 227
USDJPY Long...USDJPY Long... If it breaks above the triangle, the continuation of the trend will definitely be bullishLongby alishaban1
USDCAD IDEAThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran901
CHFJPY Bearish RSI DivergenceCHFJPY expected reversal as there is bearish divergence and formation of red candle.by H2TO0
BULLISH SENTIMENT ON USDCADEyes is on CANADIAN & US PMI EVENT that’s coming up soon. Price may go bullish if we get an offer at 1.36234. Price will impact positively if we get a retrace to that price Level of 1.36234. A buy opportunity is envisaged Longby Cartela1
USD/CAD Trade Setup: Long Position Analysis Buy Entry: 1.3600 - Rationale: This level acts as a strong support on the 4-hour chart, which was previously resistance before being broken. Stop Loss: 1.3546 - Rationale: Positioned below the support level to limit potential downside risk. Take Profit: 1.3697 - Rationale: Targeting the next significant resistance level for profit-taking. Market Context - Price Action: The market has shown indecisive price action, leading to sideways congestion on the intraday chart. - Pivot Support: Key support is identified at 1.3600. Risk/Reward Analysis: We recommend waiting for a clearer signal through 1.366 to confirm bullish momentum. Key Levels to Watch: - Support: 1.3600 - Resistance: 1.3697 Longby EleazarahmathUpdated 6610
USDCAD BUYUpdate on USDCAD.. As earlier posted, we're expecting USDCAD to push about 100 pips up due to strong dollar index. Price has respected the daily trend line and moving as predicted Longby akumjoel111
BULLISH SCENARIOOn our side, the market is in a correction phase, which looks like a Zig zag, the market looks to wind up the 'B' leg and finally the C final leg before a good upside in continuation with the trend. Therefore, we have tried to see what message the market is trying to send us. Until then, we're long term bullish just as the map shows. Whatever happens, use your trading principles.Longby Evaristos2
USDCAD BUY NOW!!!!!!!!!!!USDCAD made a false breakout in structure in the sell side liquidity now price made its way back into the trend heading to grab liquidity above 1.37000 before dropping to the floor JOIN AND ENJOYLongby CAPTAINFX21
USDCAD Bullish ReversalUSDCAD shows bearish divergence and the upward trend. Trade plan is to buy at the break of a higher high (HH), anticipating further upsideby H2TO0
USD/CAD: UPTREND ON THE 4 HR TIME FRAMEHi! I put my support and resistance in the daily time frames and a trendline in the 4-hour frame. I saw a breakout on the downtrend line, and I predict an uptrend on the 4-hour frame. I'm just keeping it simple. Thanks for taking a look! Longby themarketmoves1
starting the upward trend The price is expected to change the trend in the current support range as well as the 78.6% level. Then the beginning of the upward trend will be likely. After crossing the 100% level, the continuation of the correction process will be possibleLongby STPFOREX1
USDCAD Will Go Higher From Support! Buy! Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.362. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.367 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 2212
USDCAD Support Breakout Rejection At 1.36101 03.05.2024- Support breakout rejection at 1.35895 on 30-minute USDCAD chart. - If rejection holds, high chances of exchange rate rising to 1.36368; breaking 1.36368 may push it higher. - If rejection fails, high chances of exchange rate dropping to 1.35764; breaking 1.35764 may push it lower. - Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) Longby BDSwiss_Academy0
UCAD FOR BULLISHBe patient as the market fooling us hahaha. Let see if this structure can give me some money. Last week gained 100 pips and decide to close all entries before news. I still at the bullish side.Longby ewtradersbhUpdated 131315
Falling towards a pullback support, could it bounce from here?USD/CAD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 1.3590 Why we like it: There is a pullback support. Stop loss: 1.3563 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Take profit: 1.3658 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets10
USDCADUSDCAD has-been falling lately until now where it failed to break the previous low,so that might the indication that the market might shift and change direction that is way I shared this setup for us to get a closer look where we will be able to spot our entries from.by CurrencyMomentumFX1110
USDCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare3
UC for bulls.Welcome back traders. We see how UC has formed a triple top pattern on the monthly+ timeframes. First spike was January 2016 to 1.46. Then second spike in March 2020. And finally we can see in 2024 I predicted by may it would go up. but it retraced. Lets see if June can complete the final leg up. Drop a like if you agree also follow me to stay updated on my future posts. As always comment down below if you disagree and why. Thanks!Longby ZORO-WSS2211
USDCAD1. the price is being created is a corrective move 2. Following the move it makes, it is going the high liquidity zone where the price moved by impulse. 3. As we see there is trendline liquidity which can be swallowed and move up again 4. We wait if it will eat all the liq down and join the move up. #This is not a financial adviseLongby BoaNergeTrading332
USDCAD Will Collapse! SELL! My dear followers, I analysed this chart on USDCAD and concluded the following: The market is trading on 1.3685 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.3638 Safe Stop Loss - 1.3718 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 223