Buy the dips. Choppy move to upside. USDCADThe USDCAD will move upwards in the coming weeks in extremely choppy fashion, buy every drop until it reaches the top of the channel at around 1.32
Usdcadsetup
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD
USD/CAD hit TP2 on last chart I posted on this pair now has reversed from that area and coming back to support zone which was once resistance, if we get good news from USA data and FOMC possibly could go back up, it will be volatile this afternoon as we have high Canada data released to, so just be patience with this set up
so i will be looking to take trade from order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
USDCAD Chart H1Here is my view for USDCAD H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCADHello traders. I expect the price to rise 50% before the downtrend line, the price will go up 60 pips
Trading Idea Regarding USDCADThis pair is going bullish for now
Technical Analysis
1-Break out price structure and retesting it before continuation to the upside
2-Ascending Triangle Chart Pattern on weekly Time Frame
Sentimental Analysis:
1-CADJPY Reached falling resistance level indicating bearish move for the pair (Indicating possible weakness for the CAD)
2-AUDCAD is making Q&M chart Pattern which is indication of bullish move for the pair(Indicating possible weakness for the CAD)
USDCAD Pattern PlayIn this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives to target.
UsdCad- Nice trade with great R:RIn June 2021, UsdCad has changed the trend, breaking above the descending trend line and reaching a high around 1.3 important resistance.
Since then, the pair was very volatile with large up and downswings.
In December, UsdCad has had a new attempt to conquer 1.3 and failed again, dopping slightly under 1.25
However, this low is higher in rapport with the previous 2 and can be an indication of continuation to the upside.
More, 1.25 zone is market by 3 bullish pin bars and it is clear that we have buying power in this zone.
In concl;usion, dips against 1.25 should be bought and swing traders can target 1.3 resistance.
A dive under the recent low would negate this scenario.
Best of luck trading UsdCad
Mihai Iacob
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead
USD/CAD hit a nice rejection zone on the daily last week so I can see this pair being bullish this week so looking for a buy only
so i will be looking for a pullback to order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
USDCAD feels like the top range of the wave 4 for meThe dollar cad is perfect for a short right now. It looks like the upper range of the wave 4. However expect choppiness, this move down will not be easy. I'm looking enter a short at around 1.26
USDCAD Sell trade opportunitiesUSDCAD Sell trade opportunities
its Fail to break the resistance level expecting move down to next support Level
USDCAD going LongAs we can see the major trend of USDCAD is bullish and we can see some rejection on the trendline. I think its a good R:R setup for going long on USDCAD. What do you guys think?
USDCAD Possible Sell setup from USDCAD,
from @1.26533
to @1.23926
I consider trend of the market as a bias for this setup as sell trade on strong resistance at the zone from 1.26533 to 1.26733
Note; this is my analysis bias, confirm your analysis bias before make any decisions and your proper risk management
USD/CAD CHART 4HR SELL SET UPHi everyone this is my trade set up for the USD/CAD
USD/CAD only looking for a sell trade if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
USDCAD broke down as expected. Looking for the next short!The dollar cad broke down farther as we predicted last week. Price has since seen a retrace and we will be camping out for a next short. This short will be messy and we will take short scalping moves as the price action is in a wave 4 correction, looking for the final wave 5 down.
USDCAD Pivotal Trendline TestIn this update we review the recent price action in the USDCAD and identify a couple of high probability trading patterns to take advantage of
long USDCAD Analysis USDCAD reaching a D Timeframe Volume cluster as Support. The Support zone is an area where previously uptrend (Bullish) Started. The downtrend is overextended as well. Might see a pullback to the resistance zone marked. A 2Hr timeframe Divergence on MACD is also forming. Waiting to see good price action. Good Luck !
USDCAD Tradingview H1Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD TradingView H1Here is my view for USDCAD on h1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Correction In A CorrectionIn this update we review the recent price action in USDCAD and identify the next high probability trade location and targets
USDCAD Idea H1Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Trading Idea Regarding USDCADAccording to my analysis USDCAD is going down for upcoming week once it break support zone
1-Head and Shoulder chart Pattern indicating bearish behavior for upcoming week
2-Price Break The Uptrend Line and Retest the trend line which now acting as raising resistance line
Warning:
If this pair failed to break support then most probably it move up by making double bottom chart pattern so trade only when candle close below the support area
