Running positions as stated on the last analysis which is playing nicely. My targets are Previous weeks high and higher. If I get the pullback to the Daily BPR and H1 gap below the 50% of the dealing range I would like to add another long trades. There also could be potential bottom line of the ascending channel. Initial idea USD confluence Always follow...
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
#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is ready for breakout. And after this Breakout we can see gain upto 200Pips+ soon. Always trade with Confidence ✍
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.
Im looking bullish for this pair. Trade with your own risk guys
buy position is good and news for cad was weak 1.36850 for tp is best
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.
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 ...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
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...
✅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!✅
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...
Preferred direction: SELL Comment: For the USDCAD currency pair, we continue to adhere to the priority of sales. In our final trading idea for this instrument, we identified two scenarios where one of the selling options was the level of 1.37600 . The price is at this level now. A fall near this level is more likely today (scenario №1) , since there is...