Long idea: Retest Rising wedge Structure Long After pullback , fibs 71% 4H PA, Bullish engulfing Idea TP price: 1.37200
Hello,Traders! USD-CAD is hovering above A strong horizontal support Of 1.3522 and we are Bullish biased so a Swing move up It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Tend line prediction holding strong for the year. I held 1 buy position for 3 days and bought down my losses sketchy when playing above the trend line but emotional discipline paid off. Profit 25% portfolio value.
We expect a slow move to the upward direction and then sharp down and then sharp up making Regular Flag or expanding flag.SR SL TP are given to the charts.Result will be updated soon.
The USD/CAD pair extends its downside near 1.3660 amid the weaker US Dollar on Friday during the Asian trading hours. The Greenback has edged lower since the Federal Reserve left interest rates unchanged on Wednesday, as Fed Chair Jerome Powell was less hawkish than many feared.
The current buying zone for CAD/USD stands at 0.7310, indicating a favorable entry point for traders looking to purchase Canadian dollars with US dollars. This suggests that the Canadian dollar is valued at 0.7310 US dollars, presenting an opportunity for investors to enter the market at this level. As for potential gains, traders can set their take-profit levels...
USDCAD Short between 8-10 May 2024 Appears like a promising idea, as demonstrated on the Chart.
After climbing to a upper order pool after news at nine Central prices now experienced downward pressure setting up a short opportunity based on my algorithms.
I think the price will reach PWL today during the NFP or the post-NFP price action. I would be interested to trade during the manipulation phase above the asia range where there are nice BPR and other PD arrays nested in it. This would be the perfect scenario, however, we don't live in a perfect world. So flexibility is necessary as always. If the price...
After NFP gragra, the actual trend resumes, wave 'B' is completed and wave '1' of the wave 'C' is already in motion. Buy USDCAD, goodluck
In the 4h, 1h times, it has been moving in a downward channel, which has now hit the specified resistance level after exiting the downward channel and is associated with selling pressure. Two behavioral scenarios in 4h time can be imagined for it. 💎 The first scenario: if it returns with a resistance level, if it does not have the ability to break the zone, it...
After a short correction USD/CAD FX:USDCAD has made a sharp break out and pulled back on the discount zone. it's likely the price telling us that USD/CAD is going to reach higher prices. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
UCAD BUYS AFTER RETRACEMENT TO THE 15 MIN DEMAND cross above ema waiting, aiming for 1:2 and above
The USD/CAD has recently shown mixed signals across various technical indicators and chart patterns, suggesting a critical juncture in the price movement of this forex pair. An in-depth analysis incorporating the latest Ichimoku Cloud, moving averages, RSI, Stochastic, and pivot points reveals nuanced trading opportunities. As of the latest data, USD/CAD exhibits...
Hello TradingView community, In this analysis of USDCAD on the 30-minute chart, we see a promising opportunity for a long position based on Elliott Wave theory. The pair has completed a classic impulse sequence up through wave (3), followed by a corrective phase that appears to have ended with wave (4). The recent price behavior suggests that wave (4) has found...
Dxy oversold, so is USDCAD. Possible longs in usdcad
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