USDCAD Analysis On the Weekly Timeframe, price has created a weekly BULLISH Fair Value Gap which haven't been tapped into just yet. So what i am expecting for price to into the FVG before showing signs of strength for this pair. On the 4 hour timeframe, we do have a bullish Unmitigated Orderblock that lines up nicely with the weekly Fair Value gap, making...
Market Analysis PT2/2 (8th April 2024) USDCAD Analysis On the daily timeframe, Price action has rejected of a resistance of the Daily William Certified Range(WCR). This can be seen clearer on the 1 hour timeframe. On the 1 hour Timeframe, we have created a Sharp rejection off the Daily support, which created a bearish 1 hour Fair Value Gap in the...
Here I will be taking a long position on USDCAD, as I can see that the price has began to bounce off a resistance point. So far it looks to be moving in this way, although we have various bits of news throughout the day so hopefully we can reach TP's before 3'oclock. To hedge this I also have a 1:1 trade open, which once TP hits, I will change the SL on my...
In case effects of this week's rate hike announcement already priced into the market. A retracement and lower degree flag breakout for the next motive wave up is possible.
buy if candle not close below area, and sell candle inside area (wait for rejection on lower timeframe). Beli jika candle tidak ada yang close dibawah area dan jual jika candle masuk ke dalam area (tunggu rejection pada timeframe kecil)
Fib channels and fib retrace. Monthly tippy tops and bottoms in light white. Last Month's Top Bottom in White. This and previous week top in blue. Last week's close in dotted blue. I'm bullish Dollars. Bearish oil.
Breakout and retest with three white soldiers (strong reversal)
All info labeled on chart . bias long term is bullish
i think the low of the week is in usdcad should continue move higher towards 1.3320
Possible signature buy trade.Price broke through the wedge to go to the previous weekly low and did a wick fill and was rejected.Anticipating a reversal.W pattern formation on H4,H1 and signature W formation on 30min
FX:USDCAD OANDA:USDCAD
FX:USDCAD Oil shall make a retrace now , dollar looks bullish and cad is very bearish
This is an update of my general idea of the weekly move back up. H4 closed above 1.34450 and pushed into a fresh H4 supply level, i'm counting on the rejection of this level to propel price back down to the newly formed support ( on H1 ) for a retest before finally pushing back up into the daily supply level of 1.35000.