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Usdcadanalysis

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. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.34000. ‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
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 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
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 >>>>
Short
by The_Best_Trader_1991
2