www.tradingview.com Pair: USD/CAD Condition Structure: Day Entry: 1Hr Time Frame Bias: Long On December 27th at 18:00, I observed that we were at the end of a downtrend and in transition to the upside. According to the Wyckoff method, this would be Phase A and B (Multiple secondary tests) playing out. The observation indicates a mechanical breakdown rather...
www.tradingview.com Observe the demand level and Breakout of Support (BOS) at new demand level. I anticpate assumed levels of 1.33265 to 1.33798 for a potential retest of this zone. Once identified, consider entering the market from the pullback or retracement. Continuation of trade since Dec 2023
im going for the retracement level of the high 1.136130
Hello fellow traders! Today, I'd like to share my insights on the USDCAD pair using one of my favorite tools on TradingView: the Adaptive Trend Finder (log). This tool is exceptional for identifying both short-term and long-term trends with great accuracy, employing the powerful method of Pearson correlation. In the chart, you'll notice the Adaptive Trend Finder...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance lower and then to reject from trendline + S/R zone + institutional big figure 1.36000. Like, comment and...
USDCAD formed a bullish flag pattern, after a strong bullish wave caused by yesterday's CPI report. The resistance of the flag was broken after the release of PPI report today. It is one more important sign of strength of the buyers. Growth may continue at least to 1.3745 level. ❤️Please, support my work with like, thank you!❤️
Loving this setup, planned for price to come into this area last quarter. Even if its an L its well worth it in my opinion. Risking 5% and will swing, trade at your own risk! USDCAD Short Stop Loss: 20 Pips Take Profit: 150 Pips Risk %: 2% Risk To Reward: 1:7.5
reason market structure bullish clear fair value gap break of structure
⭐️ Smart investment, Strong finance ⭐️ USD/CAD INFORMATION: The USD/CAD pair consolidates gains above 1.3650 in Asian trading hours, supported by stronger-than-expected US inflation. The Greenback reached a yearly high of 105.30. Investors are watching for cues from the US Producer Price Index (PPI) later today, with estimates of a 2.2% YoY increase in the...
Trading Setup: A Trading Signal is seen in the USDCAD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.3703 ⭕️SL@ 1.3738 🔵TP1@ 1.3588 🔵TP2@ 1.3528 🔵TP3@ 1.3421 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
Selling USDCAD based on expectations of a weaker USD and filling imbalances of previous bullish move. #TakeOutIDMandFillImbalance
FX:USDCAD Levels Opening Price Previous Day highs and lows MTF - unmitigated Orderblocks Asia Range - Accumulation Waiting for London or New York to manipulate Asia liquidity and distribute to the up side
USDCAD is currently testing a strong horizontal daily resistance level. Once it reached this level, the price began to consolidate in a tight horizontal range on the 1-hour timeframe. To consider a short position with confirmation, it is recommended to wait for a breakout below the support of the range. A close below this level on an hourly candle will confirm...
USDCAD is moving in an ascending channel. The volatility of price movement has decreased. The chart has reached the 50% retracement level of the last upward impulse. The price is above the level of dynamic support. We expect a rebound after a retest of the current support. ------------------- Share your opinion in the comments and support the idea with...
Hitting the roof of the ascending channel Dealing with block orders Hitting the minor node of the lower timeframe
The price has tested the resistance zone at 1.36000 multiple times, which is at the at the top of the range zone. FX:USDCAD broke through the resistance zone that became a support. I think the market will continue moving upward because we have a strong bullish daily candle. It gained momentum. I expect the pullback to support level and potentially form another...