Usd-cad
USD/CAD:SELL From FIBO 38.2% Swing Trading Pullback SHORT SetupUSD/CAD in a Strong downtrend inside a Bearish channel, in the last sessions, had a pullback around the area 38.2% - 50% Fibonacci where today the price seems ready to converge again the in the direction of the primary trend. The Stochastic is in an overbought area and the setup is a Swing trading one. We are Looking for a new SHORT Setup.
GBPCAD long to short ideaAs we showed in our mark up last Sunday, we expected price to hit our higher zone!
Which it did!! BUT, never gave us the short entry that we was looking for, now we have cleared that target we are looking to follow the bullish order flow up to the next POI....
from there we are going to look for shorts again, REMEMBER follow order flow and don't force your entries! wait for them to show themselves....
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USDCAD STRONG SHORT !!!!!!A strong drop awaits the USDCAD , all your attention to the 4-hour level .
Neckline of head and shoulder pattern and key levels
⚠️ DISCLAIMER ⚠️
The opinion of the author may not coincide with yours! Keep this in mind and consider it in your trades before making a trading decision
InvestMate|USD/CAD Last rise before the fall.🍁🍁USD/CAD Last rise before the fall.
🍁This time it was time for USD/CAD
🍁As you can see from the chart, this pair has already shown what direction it intends to take for the coming months and it is certainly hard to pin your hopes on further increases here.
🍁 The most sensible option would be to join the continuation of the declines, but in the best possible place.
🍁The ideal place for this would be the resistance zone that I determined based on the 0.382 measurement of the entire downward wave and the 1:1 level of the largest upward correction.
🍁The zone has found solid support which has acted brilliantly as resistance in the past.
🍁 Admittedly, we are already halfway through the whole movement and it is possible that we may not test the area around the 1.332 level again.
🍁 The most important fact in the whole chart remains the resistance zone where I would see an interesting opportunity to take a short position.
🍁The scenario I am playing out is an attempt to attack the resistance zone and then a continuation of the downtrend.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
USDCAD 30min Analysis November 18th, 2022USDCAD Bearish Idea
Daily Trend: Bearish
4hour Trend: Bearish
1hour Trend: Bearish
Trade scenario 1: We are looking bearish on all higher timeframe.
Looking for continuation after a lower high forms at 1.33000.
Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.
USDCAD SELL LIMITGood day everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDCAD sales 1.3360 and 1.3400. CT 1.3460. Risk 1%. Sale from the bottom edge of the weekly center and the day edge of accumulation. The first target is standard and global target to break through area 1.3220 and leave at 1.3120.
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDCAD M30: Bullish outlook seen, further upside above 1.33000On the M30 time frame, a throwback to the support zone at 1.33000, in line with the Fibonacci confluence levels presents an opportunity to play the bounce with 1.33900 as the resistance target. The 1.33900 resistance zone coincides with the graphical support-turned-resistance zone and 50% Fibonacci retracement. Failure to hold above the 1.33000 support zone could see prices push lower to the next support zone at 1.32500. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
USDCAD finds initial support, deeper down move eyedUSDCAD fell after completing a bearish Head and Shoulders (H&S) pattern, as expected. Prices are now digesting above support-turned-resistance anchored at 1.3154.
Negative RSI divergence points at ebbing bearish momentum, but that need not necessarily translate to reversal. Rather, it may simply flag a consolidative pause before the down move is reasserted.
The H&S pattern implies a measured-move objective near the 1.30 figure, which looks likely to bring prices within striking distance of major support dating back to mid-2021 (former resistance zone, rising trend line). Time will tell whether this region will mark the place of longer-term uptrend resumption or reversal.
USDCAD LONG USDCAD LONG
Why are we entering?
- Expecting CAD weakness & USD strength
- We are forming wave 3 subwave 5, microwave 1
- We are expecting price to reject our 0.618 fibonacci and wave 4invalidation zone
What is our confirmation?
- Rejection from our buy zone
- Break of WFB
Entry
- Safe Entry: Rejection of our buy zone with a break of our WFB
- Risk Entry: Rejection of our buy zone
- Risk Entry: Early break of descending WFB
Once entered, where will our Stoploss be?
- 30 pips below our 0.618 fibonacci: below 1.317
- Move SL to BE after running 30 pips
Where do we take profits?
- Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips)
- First TP - Previous high: 1.398 (780pips)
- Second TP - -0.27 fibonacci level: 1.425 (1050pips)
- Final TP - -0.618 fibonacci level: 1.46 (1400pips)
USDCAD Potential for Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.33913 to the taker profit at 1.29511, where the 78.6% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35687, where the 50% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
USDCAD SELLGood evening traders. Dont forget comments, and thumbs up, if you like idea.
Can open sell order from: 1.34800 - 1.35500
Sell Zone: 1.34800 - 1.35500
Target zone: 1.31500
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDCAD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for USDCAD .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Joe Gun2Head Trade - Head and shoulders top on USDCADTrade Idea: Selling USDCAD
Reasoning: Head and shoulders top on USDCAD
Entry Level: 1.3520
Take Profit Level: 1.3010
Stop Loss: 1.3575
Risk/Reward: 9.19:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
USDCAD Potential For Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35928, where the 50% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
USDCAD Potential for Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35928, where the 50% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.