USDCAD ChartTrend is Bullish Trend. Price retraced to print HL, at HL there is Bullish Hammer so take Instant buy entry
USDCAD trade ideas
LONG SIGNAL DAYTRADINGStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
USDCADThe USDCAD pair is expected to continue its downward correction at the end of the week...
It remains to be seen how far it will go this weekend, the institutional 1.39000 seems to be a good slice
USDCAD Long Market structure Bullish on HTFs DW
Entry at Daily and Weekly AOi
Weekly rejection from AOi
Previous Weekly Structure Point
Daily Rejection from AOi
Around Psychollogical Level 1.39500
H4 Candlestick rejection
Levels 7.26
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
USDCAD-SHORTUSDCAD was trading in a bullish trend now price is almost breaking the bullish trend line also with bearish Rsi divergence we have already seen,so we will anticipate a bearish trend to follow from here
30-mins USD/CAD: Further Drop Seems Possible
In recent days, USD/CAD has exhibited strong bearish momentum, reflecting a continuation of its downward trend. This momentum is further supported by the formation of a classic Death Cross, where the 20 MA crosses below the 60 MA —a widely recognized sell signal.
Following the sustained slide, the pair experienced a pullback, briefly retesting the area around 1.3980, which aligns with the 38% Fibonacci retracement level. This move suggests the possibility of short-term consolidation as market participants assess the next direction. If buyer activity increases, a further test of higher levels near 1.3985—corresponding to the 50% Fibonacci retracement—could occur.
However, should USD/CAD fail to sustain values above this critical 50% Fib level, sellers may seize the opportunity to enter positions, reinforcing the broader bearish trend. This could set the stage for another move lower, as traders align with the prevailing downward momentum and capitalize on continued selling pressure.
USDCAD top of Channel Up rejection. Strong sell.The USDCAD pair has been trading within a long-term Channel Up pattern since the July 14 2023 Low and on Monday it hit its top (Higher Highs trend-line) and got rejected. This is a similar peak to November 01 2023, with the 1D RSI turning downwards as well on an early sell signal.
Initially, we expect at least the 1D MA200 (orange trend-line) to be tested, so our Target is 1.37300.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Read The USDCAD MarketLet's Look at USDCAD Chart and Read Price Actions in last days to decide what can we do with The Market <3
USDCAD Will Move Higher! Buy!
Take a look at our analysis for USDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.396.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.403 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
USDCAD H1 | Bullish Bounce offBased on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 1.3965, which is an overlap support.
Our take profit will be at 1.4006, which is an overlap resistance close to 38.2% Fibo resistance.
The stop loss will be placed at 1.3925, below the 127.2% Fibo extension
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCAD - The Make Up of An Average Trade With Big PotentialThis video is slightly different than the ones that I usually put out, but so is this opportunity. I'm looking for a HOMERUN trade here on the USDCAD & what that means is that I'm attempting to get in a trade that captures a larger profit target than what I would usually take.
What's important to pay attention to is the top-down analysis & the why behind the decision, as well as the entry reason & the role it plays in my initial involvement.
I hope you guys enjoy the video and if you have any questions or comments, please leave them below.
Akil
USDCAD- SELL SHORT - Sentiment trading with confluences Bearish Indicators:
1- LH and LL
2-Pinbar at trendline rejection
3- FIb 0.382 Resistance level respect with trend line
4- Bearish Flag pattern
5. Sentiments
USD/CADHello traders, the situation of the market is very interesting and beautiful, I expect the market to fall in a short time, of course, when it gives approval to enter our zone, but we can see that the market is in a very large flow and a buy trend
USD_CAD GROWTH AHEAD|LONG|
✅USD_CAD has retested a key support level of 1.3950
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 1.4031 is likely
LONG🚀
✅Like and subscribe to never miss a new idea!✅
USDCAD We hit our First POI point. We needed to wait to observe the shift in the market structure with the bullish bias.
This is confirmed by the change of the market direction after breaking the last Lower High to create a new High.
On this direction bias, we notice that there are new breaks of structure that were caused by a consolidation or correction that pushed to break the previous high on that developing bullish leg, the correction was not retested, or mitigated.
Right here around this zone, we are starting to see the price coming back,
use your learnt entry models in the lower time frame structures to facilitate a roper entry.
GOOD LUCK
nice trade setupprice should touch the higher time frames supply zones
here i suggest a pretty nice position by a 1:1.5 RR ratio
this is an educational article.
USDCAD: More Growth is Coming?! 🇺🇸🇨🇦
USDCAD may continue rising after a test of a key daily horizontal support.
As a confirmation, I spotted a double bottom pattern on an hourly time frame.
Intraday goals for buyers: 1.4004 / 1.4024
❤️Please, support my work with like, thank you!❤️
USD/CAD continues the downtrendOn USD/CAD , it's nice to see a strong sell-off from the price of 1.40170 and 1.40440. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Downtrend and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
USDCAD Short Sell OpportunityUSDCAD is following a decending pattern and there is an opportunity to short sell with TP & SL targets on the decending parallel channel supports & resistances.
USD/CAD CHANNEL WITHIN CHANNEL. ANOTHER SELL OPPORTUNITY Hi Guys Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
USDCAD | 20.11.2024BUY 1.39530 | STOP 1.39030 | TAKE 1.40030 | Price rebound from local support level. Related scenario with spent signal from 11.19.2024.
USD/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
USD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.393 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CAD pair.
✅LIKE AND COMMENT MY IDEAS✅
