USDCAD: Obvious SellsThis zone seems too obvious for sellers, I would like to get in once we see some manipulation of this region.
Once we clear the high of the OB, I will look for LTF shifts for sell entries.
Usdcadsell
Is the channel going to hold for the USDCAD?The dollar cad tested the bottom of the channel like we predicted and moved up higher, it has now tested the top of the channel and faced some rejection, are we going to see a break out?
BEAR CASE
Until proven otherwise, our bias is to the downside. We expect to see it test the bottom of the channel once more and if it faces rejection there or before there, we know a major upmove is coming for this pair.
BULL CASE
If a breakout happens, we're targeting 127 to put up some resistance.
USDCAD short intra day areaWill be watching price at current area to see if we can get a pull back move back to the downside.
USDCAD SHORTHey Traders, we are monitoring USDCAD for a selling opportunity around 1.125 zone. Once we will receive any bearish confirmation the trade will be executed.
Trade safe and use Proper Risk Management.
Joe.
USDCAD SELL SET UPI know to a lot of ppl this was a buy set but I have a different perspective on this based on my pattern trading strategy and to support my idea we have the Dollar index showing us USD weakness for weeks to come. I hope this makes sense but above all the analysis says volumes.
USD/CAD:PRICE ACTION | NEW BEARISH SETUP READY...The DXY index continues to rise and the USD/CAD pair retreated again after the US Non-Farm Payrolls surpassed expectations and the US dollar rose to daily highs.
Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
USDCAD: Elliot Wave of USDCADthe end of 5th wave down trend and end of B wave at 1.22025=FIB 0.786 wave A and we going to uptrend to end of wave C of bigger wave.
USDCAD: Market ShiftRecently price shifted from bullish to bearish, however, the order block that broke the high is yet to be tested.
If we manage to hold the OB then I will look for buys higher.
If the OB is disregarded, we can attempt to sell the market from new areas of demand.
Leave a thumbs up and comment what you think below.
Possible Short opportunity on USDCADAccording To Fibo Extension + Channel
USDCAD VS OIL Price
TP And SL
USDCAD SHORTS TAKEN!USDCAD I've taken a short position risking ONLY 1%, I'm looking at targeting around 1.23200 where ill be looking for possible long trades depending on price action.
Usdcad Sell setup with Stop loss HuntingPeople using stop loss on high point people expecting sell from supply but i m expecting after stop loss hit then reversal
USDCAD intra-day shorts Here on USDCAD Ill be looking for a short position if price can reject the top of this consolidation range I've drawn on and then look at taking out 1.23000 again where ill then be looking at possible buy trades.
USDCAD: Succesful Manipulation EntryWe knew it was coming, as predicted in our related ideas below.
As soon as it came, we jumped at the opportunity and got involved in swing buys with a tight stop loss.
I now expect this move to rise up to 1.26, AT LEAST.
Hopefully, you guys managed to catch the same move.
USDCAD more downside coming!The dollar cad traded is largely range bound this week. The coming week should see a break of trend to either side but our bias is to the downside as structurally on the longer term charts, it looks bearish.
BEAR CASE
If bears find conviction, we should see a retest of 1.2 before some consolidation and more downside.
BULL CASE
As we enter the first week of November, do not be surprised to see price retest 1.25 before the bear case is fulfilled.
USDCAD - H4 - Bearish reversal USDCAD - H4- Price broke multiple demand zones yesterday and voided my long bias off the daily chart. Now im looking at more downside on this pair before a big bullish rebound.
USDCAD: Buys AvailablePlease refer to my related idea to get a better understanding of the long term vision for this pair.
I would love to buy this pair here but I am fearful that retail is buying heavily here leaving this area open to manipulation.
I think it would be sensible to wait for a deeper retracement before we buy up into our target area.
What do you think of this setup?
Please, support this post with a like and comment!
USDCAD pivotal points (long term sell)USDCAD previously rejected a major support/resistance level as well as a weekly fib level and the weekly 200ema.
The way i trade is from one major level to another, so the next tp is 1.20255. But before that, i knew that price could stop and react to this 1.2300 support level , which it did. i entered after seeing the 1H and 4H charts were illustrating a rising wedge , which is a sign that price is indeed going back up, temporarily. The rsi on both timeframes was below 30 (oversold) and the rsi on the 4h was even showing divergence .
I took opportunity of this retracement to what’s most likely a fib level to enter a short term buy before we continue down. Once the buy TP is reached, i’ll look for signs of rejection and take it back down to the original sell TP .
USD/CAD Forecasted Hit 75% Profits Bagged in. (6th Dec 2020)My educational Analysis worked perfectly in 4 hr and 15 mins timeframe. And it took with the help of a pitchfork tool.
follow me for more analysis.
USDCAD: Next ImpulseI expect profit-taking today after a severe sell-off.
I would like to see an impulsive move from this region here with the momentum from London open.
What do you guys think?
USD/CAD SELL IDEA#daytradeHey tradomaniacs,
USD/CAD:Daytrade-Preparation
Market-Sell: 1.23365
Stop-Loss: 1.23535
Point of Risk-Reduction: 1.23230
Take-Profit: 1.22705
Stop-Loss: 16 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
