USDCAD Going Long FX:USDCAD
There is a great opportunity to swing USDCAD
* USDCAD is going long for its correction
* 1H Resistance @ 1.23221 was broken and now retested
Entry @ Market Price
TP 1 @ 1.24181
Tp 2 @ 1.25181
SL @ 1.22665
Usdcadidea
USDCAD, HUGE POSSIBILITY..??There's strong impulsive breakdown since last year
but eventually it came to Monthly major Support i.e
1.2255.Seems like USDCAD holding above that critical
zone. Daily candle closed in BULLS favour.
Bullish Harmonic Pattern, RSI and Price Action still
favouring BULLS.
However, UC needs to break consoldation zone 1.2330
for proper BULL run.
Trade safe...
USDCAD: It's Good To Buy Now? USDCAD has reached the strong support Line.
It's good to buy now?
Let's see the previous price. We have same history of price before (Feb 2018)
We can use Buy opportunity.
Use the lower time frame to identify candle stick bullish confirmation.
If you have any idea, leave comment below and give like.
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USDCAD: Its Time To Buy Now?I try to buy with small lot 3 days ago.
But USDCAD very slow movement and stuck on bottom.
Dont forget use Money management wisely
If you have any idea, leave comment below and dont forget give like.
Thank you
USDCAD: Double BottomI try this opportunity for this Pair USDCAD
Risk Reward Ratio 1:5
Good Luck
If you have any idea, Leave comment below here.
Thank you
USDCAD - to the 1.2800Strong Buy Force leading to at least the 1.28000
daily 20ma crossing, buy signal.
wedge being broken,
forcing major trendline to break
combination
USDCAD: Ready to go shortI expect fall of usd and downtrend channel continuous in this pair. so i take this trade fast
USDCAD - For this moveMovement going to reach the trendline at least
And Also can reach 100 Daily EMA
USDCAD – New Week Analysis – 5-Apr-21
📉 SELL ZONE – 1.25963 to 1.26463
🔷 Take Profit 1 - 1.25763 (20 Pips)
🔷 Take Profit 2 - 1.25463 (50 Pips)
🔷 Take Profit 3 - 1.24963 (100 Pips)
⛔ Exit / SL - 1.26943
Its showing resistance for price reversal around 1.25900 region, if this resistance holds then we can see the price bearish towards 1.25000
USDCAD in Sell Zone!USDCAD is under daily and weekly resistance and may resume its down trend. watch price action for sell
USDCAD CREATE RISING WAGES WITH BEARISH DIVERGENCEUC going to short. Its create rising wages with hidden bearish divergence!
USDCAD create Bullish Butterfly With DivergenceUC Create strong bullish divergence with bullish butterfly pattern.
TP's point underlined.
USDCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
USDCAD: Good Entry for take a short term signalA clear fix descending trend is drawed; so we take this
USDCAD BUY1. Reversal zone with reversal pattern HCH
2. Fibonacci resistance 61% 78% zone
3. Retrecement pattern breakout and retest
USD/CAD Short From Resistance This has retraced nicely to the point I marked out in my previous analysis for the pair. This is a good shorting entry to the target of 1.22500 with SL just above the resistance level. MACD is still below 0 so that signifies this is still bearish and EMA's are very close to crossing but I expect this to drop from here.
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Daytrade-Preparation
Market-Sell: 1,26140
Stop-Loss: 1,26600
Point of Risk-Reduction: 1,25875
Take-Profit: 1,25220
Stop-Loss: 42 pips
Risk: 0,5% - 1%
Risk-Reward: 2,20
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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USD/CAD Waiting For Retrace To ShortThis has broken below a support, it now offers a chance to short this further but we need to see a retrace first for an opportunity to enter the trade. A retrace to at least 0.382 Fibonacci is required, then if and when it rebounds the short can be entered with a target of 1.22500 with SL just above the support level.
USDCAD ANALYSIS 22 - 26 FEBANALYSIS
==========
DAILY - STRONG BEARISH MOMENTUM
4HR - BEARISH
PLAN OF ACTION
================
SHORT TERM BUYS THEN LONG TERM SELLS
IM EXPECTING PRICE TO COME RETEST 50% OR 61.8% FIB RETRACEMENT LEVEL ON 4HR THEN WE TAKE SELLS IN LINE WITH THE HIGHER TIME FRAME INDICATION
SELLS:
ENTRY @ FIB GOLDEN RATIOS
EXIT @ UPON SIGNS OF EXHAUSTION
SL ABOVE THE FIB RETRACEMENT ZONES
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Daytrade-Preparation
Market-Sell: 1,26830
Stop-Loss: 1,27200
Point of Risk-Reduction: 1,26600
Take-Profit: 1,26100
Stop-Loss: 37 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
#163 USDCAD Long (Buy) Trade Setup IdeaUSDCAD has broken a daily support level and is now falling to a key demand level where we can expect some kind of a rejection. If price action permits, we can look to this level for a potential buy opportunity and aim for a test of the previous support, now turned resistance. If that level does not hold, then we can continue to hold our longs for higher highs on the daily timeframe.
This setup gives a great risk:reward.
USD/CAD Trading in Descending Channel.Hello traders, USD/CAD is trading at 1.2692. The price is trading in downward resistance and support channel, it can go further down from here. As the price has given a small pull back now it can continue its down trend and its target price will be at 1.2548.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
