usdcadIn the form of a red circle, the path of this symbol will probably be marked
We wait for the reaction to the surfaces to be determined
Usdcadbuy
USDCAD- BUY strategyThe USDCAD has broken through the dark cloud and this signals more weakness for the currency pair. My worry is the low stochastic level (0.50) which usually indicates we are somewhere at the end of the trend.
The USDCAD moved lower because of OIL price, which y view is we should see $ 68/barrel again. Further, we got good channel support 1.2427.
The strategy is to BUY at 1.2487-1.2492 area, as I expect a little more down before up again. Feel free to buy earlier, but stop-loss should be 1.2400 below. The profit objective maybe near 1.2700 which is the middle range of the channel.
USD/CAD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: So far as we know the FEDs plan is very strict and straight forward. If nothing changes we can expect more hawkish tones and so probably more demand in US-Dollar.
Be cautious ahead as market can be shaky and come up with fake-moves.🤙
USD/CAD:Daytrade-Execution
Market-Buy-Order: 1.26415
Stop-Loss: 1.26195
Point of Risk-Reduction: 1.13355
Take-Profit: 1.12850
Stop-Loss: 22 pips
Risk: 0,5% -1%
Risk-Reward: 6,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
USDCAD watching 1.26200 levelIf we get signs for a long trade off 1.26200 ill be defiantly looking at buys from there, but overall trend on the 4 hr time frame is looking like we will get a further push down.
USD/CAD CHART 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead
This area has been touched 3 times of late i am expecting a bounce off this area but be very cautious with this trade it could just drop through SUPPORT ORDER BLOCK ZONE as was good Canada data last week, i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zone and will be looking for a BUY trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
More pain to come for the USDCAD. The dollar ad has reversed much of the gains it made in Q4 2021 and we expect to see more pain for the pair come in the coming months. We are good for a measured short after some consolidation when the markets open next week.
USDCAD Idea M15Here is my view for USDCAD on M15. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD LongGot the perfect entry on this trade, barely 1 pip tagged on a buy limit. 1:6RR running nicely with stops 10 pips above break even.
Onto the next trade!
USDCAD short trade update Price has made a massive sell off like I've been expecting overall. Now we have reached another supportive area I will look for any quick reversal signs or consolidation for the retracement move back the the upside. i wouldn't expect to see an upside move possibly until mid week but I will try update if I take any positions.
Its okay to change your mind like the (wind) the market is always moving fast and you can easily get caught with the wrong bias, your never always going to be right as the market will do what ever it wants when ever it wants, sometimes you need to adapt to the situation as you read the candles...
USDCAD: Head and Shoulders DestructionThe market makers did everything they could to wipe out every single retail player that trades this setup.
The liquidated not only the swing traders from the breakout but also the positional traders with stops above the highest point.
Now that this liquidity has been captured from the market, do you think we will see some downside?
USDCAD Potential Buy @SupportUSDCAD has given us a nice pullback to support around the 1.27800 level, price broke through this level as resistance earlier this month and is now retesting it as support. With interest rate hikes coming in 2022 we can expect dollar bulls entering the market. This may be yet another pivotal moment to see USDCAD take another move to the upside
USDCAD buy trade updateIf you missed the little push up last night don't stress, price has been slow and looking like it may fail this minor resistance for a push back down to support or atlest make a small retracement before moving higher.
usdcad long 4hrsusd cad has a great support and expect a great reversal point in long entry
advance happy new year happy trading
waut for the breakout
USDCAD Long Analysis Hey traders, here is the analysis for the USDCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
usdcadThe marked points are likely to react to these surfaces in the marked areas.
buy or sell
The direction of the market is indicated by the arrow line
USDCAD long trade ideaStill looking at long trades from the current support, we need to make a push back up soon to follow market structure back to the downside or possibly make a new high to hopefully tap 1.3 major resistance.
USDCAD long trade ideaLooking for price to continue with the overall trend, with another rejection off 1.28 I will be jumping on some buy trades to hopefully make it all the way up to 1.3.
USDCAD SHORTS 📉📉📉Expect bearish price action on this pair as price is taking liquidity above weekly high and should retrace lower because usoil is bullish and we are in a risk on market environment.
What do you think ? Comment below..
USDCAD: Daily analysis Elliot Harmonic Hey friends, you see the chart of USDCAD Daily time frame. After approach the ceiling on $1.20129 I expect see 1.39648 goal .Under this analysis I describe lower time to how complete the 5 wave
USDCAD News H1Here is my view for USDCAD Chart on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Idea H1Here is my view for USDCAD on H1 for today. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
