Wednesday: USDCAD 2 - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
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Usdcadsell
Short Vision on USDCADHello Dear Traders,
You find below my analysis for USD/CAD, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame USD/CAD will fall to 1.244 as I am showing in my chart. Our Weekly Goal is 1.23625.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Currently,USD/CAD is moving towards the resistance level of 1.2525 ,where there is some liquidity from this value we are looking for short-term selling opportunities of USD/CHF.
Good Luck and enjoy your Bearish Market.
Entry:@ 1.253
TP1: @ 1.248
TP2: @1.244
TP3: @1.23625
SL: @1.26
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
USD/CAD Made Head&Shoulders Pattern , Lets See How To Trade It ?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 H1 TIMEFRAME ANALYSIS (SELL)We sell this pair because there is a strong resistance above and the New Jerusalem Indicator has already turned red meaning that there is a bearish pressure. The entry and exit levels have been shown on the chart. We know what we are doing and we do what the market is doing. Experience Zero Poverty. Wish you success.
USDCAD Has Formed a Bearish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, USDCAD on H1, has formed a Bearish Flag . If we get a breakout the price might go lower to 1.2320
⬇️Sell at Flag Breakout or Sell at 1.238
⭕️SL @ 1.2406
✅TP1 @ 1.232
✅TP2 @ 1.2287
✅TP3 @ 1.2251
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
USD/CAD New Short Scalping Setup Available To Catch 100 Pips! 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 Full Analysis And Many Setups Available In This VideoThis 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- Can it drop to 1.15?For UsdCad the trend is not only down, but aggressively down.
At this point, the pair is in 1.2 important zone support, a support that held in 2015 and 2017.
The daily structure is a rectangle that suggests continuation.
If 1.2 is broken to the downside, the pair can drop to 1.15 psychological support or even to 1.13 technical one.
A short trade at this point also can have a great risk:reward ratio
USD/CAD Full Analysis And 2 Setups Available In This Video 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 Is Heading Lower To Complete A Five-Wave SequenceThe decline from 1.2654 high is taking the shape of a five-wave impulse pattern. The price seems to be in wave iv of the sequence and the corrective wave iv unfolded as a triangle.
According to Elliott Wave theory, a triangle usually precedes the last swing of a sequence. If this count is correct, the price should extend lower to complete wave v of the impulse.
What's your view on USDCAD? Let me know in the comment.
Thanks for reading!
USD/CAD SELL IDEAHey tradomaniacs,
the market is kinda dead ahead Quarles speechs today but I?`m giving this trade a try with a quick aggressive management!
USD/CAD: Daytrade-Execution
Market-Sell-Order: 1.20750
Stop-Loss: 1.20880
Point of Risk-Reduction: 1.20650
Take-profit: 1.20430
Stop-Loss:14 pips
Risk: 0,5% -1%
Risk-Reward: 2,40
It is risky, but technically a great spot to catch a reversal! Keep your risk low or stay out or extend your stop-loss when the US-Session begins with a smaller lotsize!
USD/CAD Full Analysis And 2 Setups Available After 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
USDCADHello Guys Welcome back to another profit day
If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDCAD moving down from channel resistant zone i think there will be a big fall, lets watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys