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Usdcadprediction

USDCAD On the verge of Make or BreakUSDCAD is on the verge of make or break. If the price breaks that trendline structure, we may see the change of trend from bearish to bullish. On the other hand, In the case of rejection, we may see another Lower low and price revisit the 1.24000 area. Good Buy Price is 1.26300~1.26500 After the Break Good Sell Price is 1.25300~1.25100 After the Rejection Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market. Have a nice day. The Financial Regime
by thefinancialregime
USDCAD: Ending Diagonal PatternIn some cases, we cannot detect the main trend clearly. But there are patterns that are helpful, they temporarily show the trend. One of these patterns is Diagonal. As you can see in the image, the Diagonal pattern is formed and we are waiting for the price to increase to the range of 1. 3411. To get the confirmation for the uptrend, the price should cross the range of 1.2835. In addition, convergence is evident in RSI. This analysis will be violated by crossing the price from the range of 1.2588.
Long
by NirmataFX
USDCAD - Probability of the formation of Expanding DiagonalUSDCAD - Probability of the formation of Expanding Diagonal Pattern Wave 3 has ended in the range of 1.4689 and the movement structure up to the range of 1.4667 has been in the form of 3 waves, which indicates the corrective movement. Given that the X wave has ended in the range of 1.4667, it is possible that we will encounter the FLAT pattern in the 4th wave. In the downtrend, which started from the range of 1.4667 and should be in the form of 5 waves, according to the FLAT pattern, the movement structure is in the form of 3 waves, which can represent the Expanded Diagonal pattern. Which can prolong up to the range of 1.2039.
Short
by NirmataFX
2
USDCAD BUYING FROM SUPPORT ON DIP 300+ pips !!!USDCAD is trading near a support zone as i can see this pair is waiting for a strong move in US Index and then it will start moving to our targets CAD economy is depending on oil prices as we can see US-Oil and Brent had move making new high and now its is expecting a retrace so we are buying this pair from support zone and looking for a higher rewards against our lower risk friends push like and comments follow us for more updates for new ideas
Long
by APEX_TRADING_ACADMEY
USDCAD - Probable Expanded Flat Pattern formation in Wave IVThe structure of the downtrend which has been started from the range of 1.3420, has finished in the range of 1.2928 which is in the form of 3 waves. Given this trend, we will probably have a 5-wave uptrend in C-wave, which could be extended up to the target of 1.3523. If the price crosses the range of 1.2928, this analysis will be violated. In case the price crosses the range of 1.3172, we can expect an uptrend forming hopefully.
Long
by NirmataFX
1