USDCAD price failed to reach higher, lets see how today candle closes
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USDCAD price failed to reach higher, lets see how today candle closes
USDCAD Usdcsd is showing signs of bearish reversal. I wouldn't enter a sell, too soon. Rather I'd patiently wait for price to break below 1.40904 and pullback up a little bit to meet a resistance zone. Afterwards i'd enter a sell for good pips
USDCAD USD Kinetic — Speak My Mind 💭Alright, we’re sitting here following price like we always do — clean, patient, and precise. Both lower and higher timeframes stayed fully in sync, respecting higher timeframe structure just like outlined in the previous mappings.
We caught that aggressive entry right off the first initial order block — beautiful reaction, everything played out smooth. Now we’re holding for those 5M highs. Once price tags those, we’ll remap the structure and look for fresh narrative flow since mid-timeframe highs already got met.
Momentum’s there. Structure’s clean. Let’s keep executing with confidence.
Let’s go. 🔥
USDCAD USD/CAD – Moving Average Crossover Short Setup
Entry: 1.41030
Stop Loss: 1.41225
Take Profit: 1.40639
Risk–Reward Ratio: 1 : 2.0
Technical Overview
USD/CAD has triggered a bearish moving-average crossover, signaling a potential short-term downside reversal.
The fast MA (e.g., 9 EMA) has crossed below the slower MA (e.g., 50 EMA), indicating a shift in market momentum from accumulation to distribution.
This crossover formed close to the 1.4100 resistance zone, a level that has repeatedly capped upside movement—strengthening the bearish confirmation.
Key Confluences
Bearish MA Crossover: Fast MA now below slow MA → early trend reversal confirmation.
Resistance Alignment: Crossover occurred near 1.4100–1.4110, a prior reaction zone.
Momentum Weakness: Series of lower highs suggesting fading buying pressure.
Volume Context: Decreasing volume on bullish candles, expanding volume on bearish pushes.
Trend Validation: Price now trading and closing below both MAs.
Trade Plan
limit Entry: 1.41030 – entry candle confirmed bearish crossover.
Stop Loss: 1.41225 – above recent swing high and MA cluster.
Take Profit: 1.40639 – aiming for next structural support and measured MA-driven expansion.
Breakeven Trigger: Once price reaches ~1.4085 (+1R), move stop to entry.
Partial Exit: Optionally secure partial gains near 1.4075 to manage risk.
Market Outlook
As long as USD/CAD sustains below 1.4105 and MAs continue to diverge downward, the short bias remains valid.
A decisive daily close above 1.4125 would invalidate the bearish crossover and neutralize the setup.
Summary
Bias: Bearish Continuation
Strategy: Moving Average Crossover (Bearish)
Reward Potential: ≈ 2R
Market Context: Momentum turning negative as price rejects resistance and follows a fresh MA crossover.
Suggested Hashtags
#USDCAD #ForexAnalysis #MovingAverageCrossover #BearishSetup #TechnicalAnalysis #PriceAction #FXSignals
USDCAD USD/CAD – Speaking My Mind:Honestly just waiting on the SSL to get taken. Once it’s slashed and the candles are mitigated, we’re looking for buy opportunities. Patience here—let the market hand you the entry, don’t chase.
USDCAD Speak My Mind 🗣️ | USDCADLooking to see if we can catch the last continuation push at the highs that price just broke.
Until then, I’m chilling — monitoring for clean execution.
Patience before precision. Let the setup come to you.
USDCAD inmediat high reached, if we can close above i see 1.42964
USDCAD Ended up closing my long this past friday after my TP1 was reached. really sucks i missed a reentry oppurtunity during asian session on sunday but i cant catch everything. I would not be suprised to see USDCAD tagging 1.42000-1.43000ish before the end of the year.
USDCAD I hope you guys bought the dip shared yesterday :)USDCAD USDCAD – Speak My Mind 💭🔥Price kept pushing even after the lower-timeframe CHoCH, but I’m moving right with it — we follow price, that’s what we do.
Bullish bias still intact. I’m waiting for a pullback into sell-side liquidity to mitigate the OBs below before catching the next leg up.
Until then, I’m letting smart money lead the way — we just follow footprints. Let’s go. 🚀
