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...
Hey, i'm posting this since i feel like i have enough confluences to take this short. -DXY Tapped Daily FVG(Probably a strong pull down to the Weekly BISI/EQLs) -Price at Premium & OTE, Breaker Block at .705 Fibonacci -Daily & Weekly FVG -IRL & ERL Cycle being respected
USDCAD Sell TP 50+ pips and SL 25 pips. Potential Sell Entry using the Daily line from JPS Strategy and 444 Timing.
USDCAD Sell New 4hr candle TP 115+ pips and SL 50 pips
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)
UCAD broke the old bottom and recovered to 0.5 fibo Recommendation: Sell UCAD
🔻 USDCAD Daily Candle closed Bearish after a Doji close = means a Bearishness market is coming soon — we need a strong DXY to get a bearish support for USDCAD 🔹 USDCAD Support from here is 1.2500 ✅ The next bearishness might come from Oil + DXY which they are dropping from last night
Usd / Cad Is it time to resale? When you look at the pattern like the one I described, it will seem that the price will continue to fall into the buy area, but is this true? if you see the previous history, I made a buy transaction in this history s3.tradingview.com and at this time the price seems not to continue the opportunity to go up again, I see there is...
As I said in the previous post, I expect USD weakness, that might push the UCAD downwards as well. I am expecting a sellers trap to occur, but only enter upon confirmation. Reaction > Prediction.
We would need to break the 1.43220 in order for the bulls to take over long term. Right now I feel we are in a bearish market on UCAD. I am looking for a TP of 1.32630 I am looking for retracements but overall still in a bearish market.
Look for price action to signal sells. Either at another test of the top of the zone or just break right through. Tp 200+ pips. Pip Hunt Safely!
see chart legends. also aligns with the gold buy setup (also on my tradingview). has 2 entries- the .79 and .886. Could also reverse at the .7, given that chart is already in a bearish trend.
FX:USDCAD Setup: Double Tops Confluence: CRS Entry: Sell @ 1.3315, SL @ 0.3465 (50 pips), TP @ 1.3250 (65 pips)