FIRST USDCAD TRADE IDEAExcited about this one, 2 potential long positions for USDCAD with both having minimal SL's and a good win:loss ration.
Usdcadlong
USDCAD is meeting its support again. Ready for big Risk RewardUSDCAD is meeting its trendline support and having rejection recently.
in 5M chart, the price already break its resistance while we should wait for more sign from 15M time frame to enter buy with stop loss at its previous low and target price in the trendline resistance.
Beware that USDCAD has potential of creating head and shoulder pattern.
Happy trading!
Good Luck!
usdcad analysis for this weekHEY TRADERS!! are we ready to have another Successful Profitable Trading Week!! i know i am so ready for what this week has to offer us!!
as i stated last week, i was waiting for usdcad to come down a little lower to mitigate the imbalance there was shown on the higher time frames..
how ever price action started to show signs of sellers being exhausted on friday and with the weekly opening up as it has, i will be anticipating usdcad to rally here!
now this happens to coincide with my analysis regarding the DXY from this past week ( we seen the DXY coming down to a significant support and then price action started creating higher lows and is what i believe to be on its wat to creating those higher highs we want to see at this area!!
Disclaimer - past profits don't guarantee a future result, trading is risky and one can loose some of or all of their invested trading capital!
Information shared is for EDUCATIONAL and DEMO PURPSOES ONLY
USDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bearish market structure from 4H 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 order block + institutional big figure 1.36000.
Like, comment and subscribe to be in touch with my content!
USD/CAD Last Entry +130 Pips , New Entry To Who Missed First !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.
usd/cad is a ready-to-flyusd/cad is a ready-to-fly that can be entered into a Buy; But you must managing capital risk and accepting its risk and its loss limit. Two TP is considered to be in the chart, and the loss limit is also specified.
USD/CAD Last Entry +60 Pips , New Entry To Who Missed First !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 1H: Bullish outlook seen, further upside above 1.3520Price is currently hovering above a key support zone at 1.3350 on the H1 timeframe. A throwback to this support zone, which coincides with the 78.6% Fibonacci retracement, coupled with a break above upside confirmation at 1.34 could provide the bullish acceleration to the resistance zone at 1.3520, in line with the 200% Fibonacci extension. Price is holding above the 20 EMA , supporting our bullish bias.
USD CAD Long Long on USD CAD to 1.36450
Strong push-up during the news.
Multiple possibilities for continuation trades.
USD/CAD Long Setup If We Have A Good Daily Closure 😉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 Long tradelooks like in simple pattern, testing support line. Kinda risky trade but Risk to reward ratio is good hha
USDCAD - Reversing to Bullish TrendUSDCAD - The bullish divergence on the USDCAD chart indicates a potential for the price of the US dollar to rise against the Canadian dollar. If the USDCAD breaks the last lower high, this will also be the entry point for the trade.
USDCAD Long (1:36 RR)- Price initiates by coming down, forming an imbalance
- Price then forms Sell Side Liquidity (SSL) which is then cleared when price goes lower (taking out SSL lows)
- Price then retraces sharply back up, forming displacement on the 5m
- Price forms a 3m Fair Value Gap (FVG) which occurs at a discount (<=50 FIB)
- Price comes back and mitigates this FVG and this is where we go long
- SL set a few ticks below the last candle that forms the Fair Value Gap (FVG)
- TP set to Buy Side Liquidity highs on the 1H TF
Enjoy :)
USDCAD fulfill my last idea Next setup?Usdcad is exactly moving according my previous analysis ( tagged ).
After hitting our sell target now market is at trend support line and last H4 candle close as bullish engulfing and this is the 2nd evidence we have to buy.
If market hold the support you can buy with small SL and big target.
If market break and close below trend line this setup will fail.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
USDCAD AnalysisPrice is reaching major support level rejected multiple times. 4HT didn't have any retracement which makes it even more probable rejecting this support zone. Pending order placed at round number.
USD/CAD, Possible long soon.USD/CAD on the daily, in an uptrend, im am sure it will find support somewhere and continue to go up. will probably take entries when it reacts to support level market in the picture.
Looking for this potential set up when market opens back uphey guys, What a Week its been! we've been dominating the forex markets!!
here i'm seeing a lot of confluence with usd/cad we can see price coming down to major support area with Block Flow and confluence of the Daily Trend Line
Disclaimer - past profits don't guarantee future results, trading is risky! Information is shared for educational and demo purposes!!
Will Keep the Entry Pending... into early next week, if we don't activate by tuesday the 9th we will Cancel entry
USDCAD to find buyers at market?USDCAD - 24h expiry
Previous support located at 1.3570.
Previous resistance located at 1.3600.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Momentum is flat, highlighting the lack of clear direction.
We have a 61.8% Fibonacci pullback level of 1.3525 from 1.3640 to 1.3570.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 1.3555 (stop at 1.3520)
Our profit targets will be 1.3645 and 1.3665
Resistance: 1.3600 / 1.3650 / 1.3675
Support: 1.3570 / 1.3550 / 1.3525
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCAD - Short#USDCAD in H4 Time Frame Setup
We enter for Sell in this Pairs
Best opportunity for sellers
USDCAD - Bullish Trend Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
W10-13 USDCAD BULLISH IDEA (HARMONICS PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
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.
USDCADPrice broke the previous lower high of the structure, expecting price to resume bullish to test the previous higher high
