USDCAD Demand in Control?This is for short term
And this is risky too.
Please DYOR before entering the trade.
Usdcadanalysis
USDCAD ! Trading in descending channel, short trade idea.📉USDCAD ended yesterday with a strong rejection after checking the level of 1.37460. Currently, opening a short trade is high risk because trading is at the support level. We need to wait make a lower high again, you should enter short trade / wait for bearish action price/. If USDCAD can make a new lower low, it's expected to down.
USDCAD FINALLY PUSHING DOWN FROM 1.38!Hey guys, hopefully some of you may have got entry's on this one, I think I've covered it at lest 10 times ahah, if your not in a position look for a retracement and the next leg.. simple market structure!!
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.
USDCADHi traders, USDCAD is setting up for a downside possible move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
USDCAD Idea H1Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
HOW TO trade USDCAD reversals 💵🍁We have an alert for a sell on USDCAD.
Trading on the 30M timeframe.
I'm using my POW EDGE reversal strategy for this trade idea.
Little red arrow is entry point.
Red trade label shows trade details.
Green lines are TP and purple lines SL.
Stats for the strategy can be found at base of idea.
Chart shows previous trades from last week.
Strategy is in a rich vein of form.
Can we start this week off in the same manner last week ended.
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What is our POW reversal script?
Quiet simply our script is a reversal strategy and can be used on any instrument and time frame.
POW reversal strategy sits within your TradingView and you as the user will see exactly what we see - the trade, entry price, SL and TP values.
This is a mechanical trading system, Which through third party services can be automated.
Our script is based on a combination of indicators with the main ingredient being RSI .
As a user using the script you are able to see all available settings and what they are.
The values for each setting can be adjusted to fit and suit each individual instrument as well as the time frame said instrument is being used on.
We know upon changing settings if they will work on the trading instrument and the time frame being worked as we have coded in a built in strategy tester.
A big overlooked not used enough feature of TradingView's pine code is the strategy tester which saves hours of time not having to manually back test a strategy.
Having the data in an instant enables us to enter trades with full confidence knowing we are working a proven system.
Having the built in strategy tester also doubles up as a live trading journal too as the strategy tester will confirm and support every open and closed position.
We are working to a rules based approach to trading for our entry, exit and risk management.
All subjectivity and emotions are removed we simply follow and execute the already tested strategy.
My latest trade recap video can be seen below and gives great insight into POW tradingview pine scripts we use
Thanks for looking at my idea 👍
Darren
Trading Signal For USDCAD FOREXTrading Setup:
A Trading Signal is seen in the USDCAD Currency Pair.
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 1.3825
⭕️SL@ 11.3917
🔵TP1@ 1.3550
🔵TP2@ 1.3357
🔵TP3@ 1.2955
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
Will USDCAD be my best trade in 2022? Hi Traders,
This is my view for this week on USDCAD, thanks to Richard Wyckoff ;-)
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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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- Correction to 1.35?After the break above the important 1.32 resistance, UsdCad accelerated its gains and reached very 1.4 psychological figure.
This top is marked by a strong bearish pin bar, suggesting that a correction could follow.
After an initial drop to 1.36, the pair is in recovery and this rally can offer bearish opportunities for selling in anticipation of a new leg down.
UsdCad should be sold above 1.38 with 1.35 in focus and negation above 1.4
USDCAD BuyKeep an eye on Dollar Currency Index. If it goes into Bullish then try to look Buying opportunity on USDCAD pair. I am bullish on it.
USDCAD POSSIBLE BEAR MOVEMENTUptrend wedge formed on the 1hr TF
Major Zone right 1.36411, also price is sitting right on the support trendline.
Breakout from the zone and the trendline as confluence will ignite the possible bear movement.
Also another entry level is right at 1.34993 once price break the zone and retest.
USDCADHi traders, USDCAD is setting up for a downside move i am expecting from price to hold the top and looking price action for a short position opportunity.
Trade with your according strategy do not depend on my analysis GOOD LUCK.
USDCAD waiting for downside Momentum Still just watching and waiting for a better direction as hopefully 1.38 resistance can hold strong and create a short entry once again... End of the week approaching so I wont be entering unless we get some more momentum shifting to the downside..
USDCADHi traders, i am looking it the USDCAD chart if price go back our mentioned pattern completion area then i will be looking price action again for a short position opportunity, if price drop from the current area and break 1.37184 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
USDCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on USDCAD .
Here we are still in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement to fill the imbalance and to reject from bullish orderblock + institutional big figure 1.36000.
Like, comment and subscribe to be in touch with my content!
USDCADHi traders, i am currently in short position, i am expecting from price to continue and go hit our bottom mentioned area but if price go back and hit our upper mentioned area then i will be looking price action on the top for the next short position opportunity.
Trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
💰BUY USDCAD at the best place and price🌟🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the 30-minute time frame (USDCAD_ 30min) 🔍🎈
✨Considering that the price has been able to break the Down trend line🖤 and then pullback to it, there is a possibility of the price going up❗️ The best area and price to buy this currency pair is in the intersection of the pullback zone and the Demand zone and Support🧡, and there is a possibility that the price will rise from this area to the Supply zone🚀🔺
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
USDCADHi traders, USDCAD is setting up for a downside move watch sharp breakdown to the downside and look for a short. If price did not give us a sharp breakdown then watch price to come around our upper mentioned area and look on the top for a short position opportunity GOOD LUCK.
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 - Long from bullish orderblock ✅ Hello traders!
⁉️This is my analysis on USDCAD .
Here we are still in a bullish market structure, so I am looking only for longs. I expect price to continue the retracement to fill the imbalance and then to reject from bullish orderblock + institutional big figure 1.36000.
Like, comment and subscribe to be in touch with my content!
