Hello Traders, Hope you are doing great. for upcoming days, Based on Fundamental and technical analysis, we'll probably see an upward correction to Specified Blue dashed line. so with a proper trigger we can open a Long position. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please...
USDCAD Daily Analysis: Uptrend and Buy Opportunity The USDCAD currency pair is currently displaying a strong upward trend, characterized by a series of higher highs and higher lows. Recent price action indicates that the pair is gaining momentum, driven by positive economic data from the U.S. and supportive factors from the Canadian economy. Key...
The news released for USD was positive, so I'm expecting USD to rise. It has already taken out the last high, and it could potentially push higher.
About a month ago, this pair broke below the 1.3610 level and since then has been unable to overcome it despite 7 attempts. The 200 dma has resisted bullish efforts and my bearish bias is also supported by Ichimoku Kinko Hyo. I will be on the lookout for bearish evidence on lower time frames such as H4 and H1, see how such price action relates to the 20 sma...
A previous preparation would not be bad to make a big move! It has already taken liquidity so it is time to be alert.. Always before a consolidation, patience pays more than cunning.. We must wait for either a high point or a low point to be able to execute.. (in this case we continue with the purchases..) It may also not consolidate so much and continue...
USD-CAD made a retest Of the horizontal resistance Of 1.36058 and we are already Seeing a bearish reaction So we will be expecting A further local move down !
Sell Opportunity: USDCAD 1H Chart Pattern: Rectangle Resistance Description: On the 1-hour chart for USDCAD, the currency pair is showing a classic rectangle pattern at the resistance level. This pattern is characterized by a consolidation phase where the price oscillates between well-defined support and resistance lines, forming a horizontal...
lower time frames is always 4 ideas ,these 4 arrows are them... focus on the best quality setups and everything will flow smooth.
weekly structure showing bearish signs, brake and retest to the downside, this is inverted scale so it looks like a great opportunity to trade. Both blue boxes are Candle patterns that are repeating history. Remember this is inverted scale ...
On the monthly and weekly charts, we have bearish price action.. After a strong bearish run in 2021, the price sought to correct previous imbalance that is about to come to an end. Presently (22.04.2024), we expect price to make one final push higher, thereafter we will be looking for reversal signs.
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USDCAD "Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level...
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Consolidation Phase in Short Time Frame Symmetrical Triangle
DXY seems to have found a good support level Forming a potential double bottom
HELLO TRADERS As i can see this pair is holding a strong support zone and looking to test these design levels these trades are based on technical and fundamental its just a trade idea make a proper analysis before entering any trade share ur thoughts with us Stay Tuned
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Risky Long Setup On USD/CAD Depend On Price Action , Today Or Tomorrow It Will Go Up After Big Movement To Downside Without Any Correction . If We Have A Good Daily Closure Above This Supp And New Res , It Will Be A Good Chance To Buy It ! This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD/CAD "Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level...