DeGRAM | USDCAD at strong resistance USDCAD moved out of the descending channel and created an ascending channel.
The market is consolidating after bouncing off of resistance and dynamic resistance (trendline).
Price is expected to fall from psychological level 1.35000.
We expect the downtrend to continue since the trend is bearish .
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Usdcadidea
DeGRAM | USDCAD at strong resistance USDCAD moved out of the descending channel.
The market is consolidating, and the harmonic patterns work very well in the ranging markets.
Price is likely to continue consolidating.
We expect the downtrend to continue since the trend is bearish.
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DeGRAM | USDCAD sell after false breakUSDCAD moved out of the ascending channel and entered the descending channel .
The market is consolidating after breaking at the resistance level , which was previously support.
Price action is printing an equal measured move.
We expect the compilation of the CD leg.
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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 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
USD/CAD Running In 260 Pips 0 Drawdown F Last Video, New Entry 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.
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 possible sell zone!!USDCAD 4h, After NFP release USDCAD has changed it's uptrend to downtrend on the lower timeframe. As the price has broken down with a strong momentum, currently the price retracing to the previous resistance turned support. It is highly likely price will test the 20EMA on the 4h and will bounce off. Upon rejection a sell trade is high probable targeting monthly support level.
DeGRAM | USDCAD breakout USDCAD is moving out of the ascending channel.
Price made multiple attempts to break the resistance level but failed to make a new high.
The market formed pressure at the resistance level and the lower border of the channel.
We expect a breakout of the channel and a retest of the support level .
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USDCAD ! It looks like a Head and shoulders pattern, short ideaUSDCAD has been trading in an ascending channel for a long time. I currently see a USDCAD made Head and shoulders pattern on the daily chart, but neckline has not been broken yet. If the neckline breaks, of course it will be confirmed. Therefore, it is too early to see long trades, I think you should open a long trade test 100 EMA..