When you have a good long-term structure, you need to squeeze all the juice out of the orange ... Always go for the nearest liquidity, remember! It doesn't matter the entry model as long as you correctly understand the structure and its respective movements!!! Keep it simple! If you like me, don't forget to follow me !!!
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is at a Supply Zone area - Price action may reverse towards the ascending support Trendline - Targeting the 38.2% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.3760 - 1.3800 SL @ 1.3854 TP 1 @ 1.3697 (Close Half-Position & move SL to...
My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3685 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3754 My Stop Loss - 1.3635 About Used Indicators: By the very...
The USDCAD currency pair is currently navigating through a crucial demand zone, with the primary level resting at 1.36820. This zone denotes a significant area where buyers are exhibiting heightened interest, potentially signaling a shift in market sentiment towards bullishness. Traders closely monitor this demand zone as it represents a key inflection point where...
USDCAD has been oscillating at high levels recently. Currently, you can pay attention to the support near 1.3520. Once it is in place, you can pay attention to the potential bullish bat pattern. After stabilizing, it is expected to start upward.
USD/CAD is rising towards a resistance level which is a pullback resistance. A reversal from this level could indicate a double top pattern which could lead to a potential price drop to our take profit. Entry: 1.36919 Why we like it: There is a pullback resistance level. Stop loss: 1.37294 Why we like it: There is a pullback resistance level which aligns with...
The confluences that support the bullish bias 1. Price is within the Daily FVG 2. The third touch on the trend line confluences with the fvg zone 3. Buy side liquidity is a low resistance liquidity pool 4. there are no bearish structures
USDCAD chart is printing bearish trend with no divergence and using ABCD harmonics pattern EP: 1.36092 SL: 1.36982 TP1: 1.35200 TP2: 1.34310
We look for Long during next week. Everything depends on what DXY does, however looking at the current USDCAD trend we are more biased towards Long.
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!
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of USDCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with 2 target in the chart focus on Long entry, Our target is Pink Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback...
Price might go for buy side liquidity next week I will wait for price to visit the fvg created after displacement
Long idea: Retest Rising wedge Structure Long After pullback , fibs 71% 4H PA, Bullish engulfing Idea TP price: 1.37200
The USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level. After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge. It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.
Hello,Traders! USD-CAD broke the rising Support line then made A retest and is going down Again so we are bearish Biased and we will Be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The pair is primed for a possible bullish movement according to my analysis.
Dollar is currently gaining strength after Demand Zone was transact. Technically: USDCAD, is likely to continue upward move until @1.38462 (where major liquidity is resting) 5 reasons+ is one of my rules to execute trades, here: - Imbalance - Liquidity - Major Key Level - Fibo (79%) - DXY Correlation
Preferred direction: SELL Comment: All of our previous trading ideas against the US dollar are currently fixed at take profit, however, we continue to adhere to the short-term priority of selling the US currency. At the moment, the USDCAD currency pair is one of the most promising for a short trade, since there is the fact of a rollback and, accordingly, a...