After price broke structure with momentum, it was an indication it was still maintaining its overall bullish trend. It preceded to retrace and form internal range liquidity above our establish golden zone that it could use to fuel its move to take out the latest weak high and continue with the bullish trend.
Hey Rich Friends, I am looking at UC for a potential sell, here is why: - Candles coming out of the supply zone. Already rejected - Candles starting to fall below the EMA. Wait for candle to close below EMA - STOCH facing down - MOM is facing down - TP will be below the previous low and SL will be above the previous high Let me know if you see something else! -...
Hey Rich Friends, I think USDCAD will continue to buy, just looking at the technical indicators. - The market has already tapped into and rejected the demand the zone. - The STOCH is facing up, the blue line is above the orange line and it is looking to cross 50% - Candles are above the EMAs. Make sure you check the news also! I am in this trade for a buy...
Hey Rich Friends, I think USDCAD will continue to buy this week and here is what I am looking at: - The market has already resisted the previous demand zone - The previous candle was a bullish engulfing, confirming the buying trend - The 50 EMA (blue) has crossed about the 200 EMA(purple), confirming the buying trend - The STOCH is facing up, both lines are...
we have seen USDCAD on bearish run for the past few days but that might change as we saw it break through a bearish channel, to the upside Which is resulting in bulls taking over, late see how it plays out , leave a comment on your thoughts. thank you.
the price has been moving in really nice waves around an uptrend line right now we are witnessing a third wave so we can enter buy trade very soon
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12 " Impulsive Waves Demand Zone
Price bounced off the area of $1.35522 level and could provide a possible buy opportunity away from that zone. Target is at $1.36463 level (previous week high ). Technically, price formed a bullish wedge pattern. But price is yet to breakout of the wedge. Wait for confirmation in lower timeframe before entry!
Canadian Dollar and U.S. Dollar Data analysis and results Buy zones start at 1.34500 and sell at 1.37000, according to digital analysis
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading within the rising flat channel in blue. However , USDCAD is approaching the upper bound of the channel again acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 1.362 - 1.365 marked in...
Today's focus: USDCAD Pattern – Heavy Resistance Support – 1.3514, 1.3454 Resistance – 1.3602 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDCAD daily. What are we discussing and asking today after looking at USDCAD? Will current heavy resistance contnue to block buyers? Does price have enough momentum in its current bull...
This is a proper entry of which if you apply it you always be in profit so if you applied well cuz we wait for there market to close on top of the moving averagee or below the moving average
USD/CAD has made a bullish reaction off the pivot which has been identified as an overlap support; the bullish momentum could potentially carry it higher towards the 1st resistance. Pivot: 1.3571 1st Support: 1.3523 1st Resistance: 1.3611 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
USD/CAD SELL SETUP - 1 HOUR CHART Listen in, traders! Here’s our approach for a sell on USD/CAD: ✅ Entry: 1.35770 level on the 1-hour chart could be our cue to sell. ❌ SL: Set a stop loss above the recent consolidation highs around 1.35909 for a tight risk control. 🎯 TP 1: The first profit target is at the nearest support of 1.35589, where we might see some...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.35800 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.35400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
Weekly: -Bullish M pattern. -Inverse H&S pattern. Daily: -Inverse H&S pattern. -Impulse and correction pattern. 4H: -Inverse H&S pattern. -IC. -OB.
This chart shows USDCAD in sideways market with EP, SL and TP 1 & 2 for both Long and Short Trades with the help of support and resistance.
Using the BBMA Strategy by OA, a Re-Entry Long in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme long 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close below MAHI in 4H * 1:3 RRR *...