USDCAD 4H: 25/01/2023: First short then Long!
Well, As you can see the price is in the trading range and there is liquidity on both sides of this range that can be interesting for the price to collect them.
For now, we expect the price to collect the liquidity pool below 1.33164 and then touch the demand zone or move to a higher target that you can see on the chart.
💡Wait for the update!
🗓️25/01/2023
🔎 DYOR
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Usdcadanalysis
USD/CAD BUY/LONG IDEA USD/CAD BUY IDEA
Timeframe:30 minutes
If price come back to zone 1.34060 i will take BUY posision.
We have Liquidity on both sides of market,first i expect market will take out SELL LIQ,and after that it will take BUY LIQ.
Apply proper risk on that trade,dont rush into market before it give you confirmation!!!
THIS TRADE IS IDEA,NOT ADVICE
If you wanna take this trade,you doing on your own
Trading greating,for all community
@Kenmi
usdcad buy from key level Usdcad
For The last Two week i am Predicting price will hit 1.32 zone solid support zone.
Why this zone is solid??
Because here we can major trendline on daily T.F lies. Where price will complete Its retracement upto 50% level and chance to creat a double Bottom if structure valid will see a good bullish move.
USD/CAD :: Downtrend in the new week !!USD/CAD :::
Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position.
Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend.
Purple Channel ::
Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend.
The previous analysis has also shown the corrective movements well ::::
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
After price took out sell stop liquidity with that spike I expect price could make a retracement to fill that imbalance higher. I will look for a short if price rejects from bearish orderblock.
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Abrupt USDCAD movesDue to yesterday's Canadian Moneytary Policy Report, this pair made a sudden bullish move immediately after a retest to the low, the abrupt move made a breakout through the accumulative contraction. This significant retest gives buyers full control, it should be a strong move to the upside...
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The BOC RATE HIKE SENTIMENT is also affected by this. Stay tuned for FED and BOC UPDATES.
We think it will go up to 1.3515 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USD/CAD :: The downward trend continues !!!USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Analysis USDCAD : 📅 1/23/2023Analysis USDCAD :
With the formation of a side way and weakness in the downward trend, we can expect to move towards the specified goals.
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price: 1.33800
sl: 1.33150
tp1: 1.34330
tp2: 1.34940
tp3: 1.35700
tp4: 1.36340
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👤 Alireza hajighasem : @alirezahajighasem
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📅 1/23/2023
USDCAD setupThe demand zone has given us a volatile and aggressive bullish move followed by a distribution phase to give us a reversal. Then displayed a flag that activated this volatile bearish move to our point of interest. From here we wait for a candlestick confirmation, then we push to the upside...
USDCAD short term bullish to retest weekly trendlineMTF Analysis
Annotations are on the chart anchored notes.
Entry on the low of previous day that coincides with the H4 breaker block and 50% fib retracement. If not, at the 618. TP at 27 ext in line with previous week's 50% level and H4 order block. 121 pips profit.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. Further I see price to go higher to fulfill that imbalance and look for a short if price rejects from bearish orderblock.
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