I'm currently evaluating a potential long opportunity for USD/CAD using Elliott Wave principles. According to my analysis, we're at the end of a corrective phase, and an impulse wave is likely emerging. The market is now entering what appears to be an impulse wave, labeled as (5). The completion of the previous correction and the initiation of this new bullish...
#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 ✍
hello guys... I published before about the head and shoulders pattern and the rising pattern, you can check it that the target touched! You can see the usdcad made a Quasimodo pattern and it is possible to start an upward movement to the blue area! but the question is from where?! there are two scenarios: 1- starting from the QML (S1) 2- starting from the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
Fundamentals coming. Always the same pattern. Bearish pattern. SMA without retest.
Hello guys; over 70pips locked in on USDCAD trade; lets adjust the target to 1.38750. I notice the current move is just to retest the 'D' which may lead to a strong move downwards. Enjoy!
hello traders how are you today? dxy is in a correction and it seems price has another bullish wave. ENJOY BE SAFE
Today's focus: USDCAD Pattern – consolidation pattern break (continuation) Support – 1.3650 Resistance – 1.3780, 1.3830 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at USDCAD on its daily chart. Today, we are wondering if the USDCAD is setting off on a new move higher after holding support. Price continues to test at the...
After reaching a demand zone, this pair has hammered a base today (see the Daily chart). We should get a small retrace (better price + smaller stop) and then move up to the trendline in the 1.38 region. Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
looks like a nice setup with good RR only 21 pips risk it's early Monday so... price could move lets see
I'm not a fan of the #CanadianDollars recent performance versus the #USDollar. Now, on the brink of an important breakdown. Usually, it tracks well with #silver... until now! So the questions is, who is lying?
holding this trade on usdcad with the 4h , have close my profit though but still holding some while on break even
3 bullish candles on Daily time frame makes me believe this pair will continue to keep grown. Price respected 50% level of 3 marching soldiers on the daily time frame. It failed to respect resistance level 1.36890 and has formed reverse head and shoulders.
I have observed a clear bullish signal on the USDCAD chart following a successful test of an important support level. The price has created an ascending triangle pattern on the 4-hour chart and has broken above its neckline. I anticipate that the price will soon reach levels of 1.3739 and 1.3800.
I would like to say that these levels were designed to include the potential scenario where a correction from the recent bullish move gives rise to another wave pointing up, but unfortunately this whole design was developed for only bearish scenarios, at least until the middle of the project. The polygon lurking near the current trading zone is a mystery as I am...
BUY BUY BUY HARD ******* Last month shared 10 idea - 8 ideas hit profit and 2 breakeven ******** GET ready to catch another great trade, Do not miss this chance it will go up minimum 300 pips @@@ Get ready to catch my one of the best trading setup @@@ TELL ME HOW ACCURATE THIS ANALYSIS?????? @@@ Always do your own analysis. My analysis help you only for...