Usdcadsell
USDCAD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out buy side liquidity rejecting an important psychological barrier 1.27000 with a high momentum bearish candle, there is a bearish orderblock on d1 as well + bearish market strucutre from a HTF premise, we go lower USD is weak for now.
What do you think ? Comment below..
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 CHART 4HR SELL SET UPHi everyone this is my trade set up for the USD/CAD
USD/CAD only looking for a sell trade 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
USDCAD broke down as expected. Looking for the next short!The dollar cad broke down farther as we predicted last week. Price has since seen a retrace and we will be camping out for a next short. This short will be messy and we will take short scalping moves as the price action is in a wave 4 correction, looking for the final wave 5 down.
Trading Idea Regarding USDCADAccording to my analysis USDCAD is going down for upcoming week once it break support zone
1-Head and Shoulder chart Pattern indicating bearish behavior for upcoming week
2-Price Break The Uptrend Line and Retest the trend line which now acting as raising resistance line
Warning:
If this pair failed to break support then most probably it move up by making double bottom chart pattern so trade only when candle close below the support area
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...