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Usdcadsetup

Failed breakout for the USDCAD, waiting for the next oneThe dollar cad finally broke out of its consolidation range this week but fell straight back into it later in the week. It is now trading at the bottom of the consolidation range again and we will be looking at a long entry. It is less likely that this coming rally will be a fake out since, the institutions already caught some fish the last time round. These levels are good for a long but we could move down farther from here to take out some longs at 1.263.
Long
by IkanBilisCapital
USDCAD | Good Buy Opportunity.If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofprofile
USD/CAD 4HR SELL AND BUY SET UPS???Hi TRADERS this is my trade set up for the USD/CAD for the new week ahead USD/CAD Is coming to rejection area again, I am looking at two scenarios 1st it gets rejected from resistance area after touching a few times in the past so would be sell only or 2nd scenario it breaks through the resistance area for a strong push up so we will be buying only clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and comment thanks
by Costy13
5
USD/CAD - DOWN BEFORE RALLY CONTNUES???Until the last Friday of January CAD has been taking a beating , Mon-Tue we see CAD gaining some traction in a much corrective structure and of nature, trickling its way back down towards marked out IPA's that need filling as well as some unmitigated OB's before a possible rally higher. (SUBJECTIVE) - 2 possible positions I would personally execute have been marked out only if price action is in context . A short term sell if price moves toward the minor IPA giving bears another shorting opportunity which could possibly push prices further down where MY second entry would be- Long, Medium term to a higher daily OB. Now, lets wait and see..☕ this is not trading advice
Long
by MurderMarkets