1:10 RISK TO REWARD SELL SETUP FOR USDCADCore Analysis Method: Smart Money Concepts
Here’s a detailed breakdown of the analysis based on the Smart Money Concepts methodology:
😇 7 Dimension Analysis
Time Frame: 15M
Swing Structure:
The structure is currently bearish, with multiple Breaks of Structure (BOS) confirming the downtrend. The price has mitigated Inducement and is now undergoing a corrective swing move.
Only the extreme Sell Order Block (SOB) is identified as the Point of Interest (POI) in the Premier zone, making this area highly attractive for sellers.
This area has also served as a Resistance or Demand zone for sellers in the past, adding to its significance.
Pattern:
🟢 Chart Patterns:
To be assessed once the price reaches the POI.
🟢 Candle Patterns:
Will be updated upon the price reaching the POI.
Volume:
🟢 Significant volume is observed in the selling areas, indicating strong selling interest.
Momentum RSI:
🟢 The RSI is in the super-sell zone, indicating strong bearish momentum. Although there is an attempt at a range shift, it’s not confirmed yet, and the bearish sentiment still dominates.
Volatility Bollinger Bands:
🟢 The volatile move is about to conclude, and the market may require some time to cool down before the next significant movement.
Strength ADX:
The ADX indicates that sellers are firmly in control, supporting the bearish outlook.
Rating: ⭐⭐⭐⭐ (4 Stars)
Probability: 60%
The setup shows a moderate-to-high probability, but confirmation from patterns and additional indicators could increase this further.
✔️ Entry Time Frame: 15M
✅ Entry TF Structure: Bearish
☑️ POI: Extreme unmitigated OB
💡 Decision: Sell Limit
🚀 Entry: 1.3678
✋ Stop loss: 1.3686
🎯 Take profit: 1.3602
😊 Risk to reward Ratio: 10 RR
🕛 Expected Duration: 2 Days
SUMMARY:
The analysis suggests a strong selling opportunity on the 15-minute timeframe, with a sell limit entry at 1.3678. The stop loss is tightly set at 1.3686, providing a high risk-to-reward ratio of 10:1, with a take-profit target at 1.3602. This setup is favored by the current bearish market structure and the significant volume observed in selling zones. While the momentum is still bearish, the upcoming price action near the POI will be crucial in confirming this trade's potential. Monitoring the formation of chart and candle patterns at the POI will be essential for executing this setup effectively.
Usdcadsell
USD/CAD 2 Entries +170 Pips 0 Drawdown, New Entry To Who Missed 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 +100 Pips 0 Drawdown , New Entry Valid To Who Missed 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 top-down analysis Hello 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.
11 RR Sell Setup for USDCADCore Analysis Method: Smart Money Concepts
Based on the Smart Money Concepts methodology, we have identified a strong demand zone on the daily timeframe, which has once again given a strong rejection, changing the price character from bullish to bearish on the H1 timeframe.
😇 7 Dimension Analysis
Time Frame: H1
Swing Structure:
Bearish CHoCH from higher timeframe zone rejection.
Took inducement and now ready for a corrective swing move with its 1st pullback.
Internal structure turned bullish for a correction towards extreme and decisional POI (Order Flow or Order Block).
Preferred POI: Order Flow in the Premier zone of the swing.
Entry Model: Regular SMC.
Daily Resistance: Supply zone where sellers still have full control, with the 3rd breakout attempt failure.
Pattern:
🟢 Chart Patterns:
Reversal: Head and Shoulders pattern is clearly visible and completed.
🟢 Candle Patterns:
Observed multiple reversal candlestick patterns on the daily timeframe, including Doji, Long Wick, Engulfing, and Dark Clouds. These patterns indicate strong bearish momentum at the level.
Volume:
🟢 Very massive volume observed on the daily timeframe right before and after rejection, with the price reacting bearish. This is a strong indication for a sell position.
Momentum RSI:
🟢 Price is in the bullish zone yet, but strange things are noted in terms of momentum on the daily timeframe.
🟢 Strongest 3-candle divergence and loud moves.
According to Andrew Cardwell's method (used for momentum analysis with RSI), loud moves are almost 90% confirmed moves.
Volatility Bollinger Bands:
🟢 After one of the longest contraction phases, the breakout to the upper side was unable to give the expected move and was rejected after a squeeze breakout.
🟢 Walking on the band took a rejection with a head fake, indicating strong bearish control here.
Strength ADX: Neutral
Rating: ⭐⭐⭐⭐⭐
Entry Time Frame: H1
Entry TF Structure: Bearish CHoCH
POI: Waiting for mitigation
Decision: Sell limit order with extreme risk (as per my money management strategy).
🚀 Entry: 1.3855
✋ Stop loss: 1.3955
🎯 Take profit: 1.2818
😊 Risk to reward Ratio: 11 RR
🕛 Expected Duration: 45 Days
SUMMARY:
Based on the comprehensive analysis using Smart Money Concepts, a sell limit order at 1.3855 with a stop loss at 1.3955 and a take profit at 1.2818 is recommended. The setup shows strong bearish indications across various parameters, making it a high-probability trade. The expected duration for this trade is 45 days with a risk to reward ratio of 11 RR.
If any one want learn this type of analysis can contact
USD/CAD +50 Pips 0 Drawdown , New Entry Valid If You Missed 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 short opportunityAs i was expected usd cad as shown a lot of bearish power today and expect him to continue is downfall , note that we gotta be careful since we have reached the daily fvg , this is not financial advice and you might perceive the market differently , two things can happen after the accumulation phase ether price goes up , or filled the impulsion on the daily , you choose with your rules which one you think can happen.
USDCAD, Time for correction ?Hello traders, hope you are doing great.
For upcoming Days, I think we'll probably see a Downtrend correction to specified levels in USDCAD. so with a proper trigger, we can open a SHORT position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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Thanks.
USDCAD → Trade Analysis | SELL SetupUSDCAD forms a false breakdown of resistance, reached the resistance zone, but was subsequently pushed back down.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
7 Dimension Sell Setup For USDCAD Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1
1: Swing Structure: The market is basically in a bearish to sideways zone. After the last lower low, there was no significant corrective swing move. With 4 pullbacks, it has almost reached the extreme POI OB at the Premier area of the structure.
🟢 Entry Model: ABCD
A strong resistance or demand zone has already formed at this level.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Double top at the demand zone makes this very appealing for sellers.
🟢 CANDLE PATTERNS:
Momentum: FOMO candle indicates last players or profit-takers are active. Dark cloud cover at the top of the move. Tower top candlestick pattern is also complete and respects the market.
3: Volume:
Very high selling volume observed at the top. After an inside correction, there is no volume when the price goes up for another move, indicating no buyers are interested. So, we can see sell opportunities here as every swing shows a decline in volume.
4: Momentum RSI
🟢 Surprisingly, the market is in a super bullish momentum zone with no signs of range shift or divergence. In terms of momentum, there is no single sign for a sell, which is strange here.
5: Volatility Bollinger Bands
🟢 Contraction is fully held yet and everything supports a bullish view. It’s confusing as there are no bearish signs in volatility terms. However, a bearish M pattern is forming, though it's not a strong sell signal at the start. A band puncher is also in place.
6: Strength: Bulls are in power yet.
7: Sentiment: The market does not give us any proper signal yet. According to price action, there is a bearish setup, and volume supports it, but momentum, volatility, and strength do not. It's better to wait for a proper setup. I favor bears but only after further confirmations. So, I am going to check the lower time frame (M5).
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Corrective
✔ Entry Time POI: Mitigated
☑️ Trend line breakout: Done
💡 Decision: Sell
🚀 Entry: 1.3766
✋ Stop Loss: 1.3780
🎯 Take Profit: 1.3650
😊 Risk to Reward Ratio: 7RR
🕛 Expected Duration: 4 Days
SUMMARY: Analysis supports a cautious sell position based on Smart Money Concepts methodology, pending further confirmations due to mixed signals in momentum and volatility.
USDCAd SellsetupHello Guys today we have a major impact news event for cad which is interest rate and monetary policy i am looking forward for a trade setup to form after events, and bias is bearish looking for the optional trade entry trade setup t appear and target the lower level accordingly.
stay tuned for further updates. :)
USDCAD BUY TREND 04/07/2024It's been a while...
Based on a detailed analysis of the 1M chart, we anticipate that the USDCAD pair will experience an upward movement. Although this analysis is derived from the 1M chart, the idea is published on the 15M chart for clarity and presentation purposes.
Key Points:
Trend Direction: Upward movement expected
Risk Management: Exercise caution as the pair may experience temporary declines, presenting additional buying opportunities
Timeframe: Expect changes within the next week
Take Profit (TP): A TP line has been established. Regular updates will be provided to indicate optimal points for closing all trades
Alerts: Set alerts to receive timely notifications on when to close trades, ensuring you maximize your gains and manage risk effectively
We will continuously update this idea with crucial information on when to close positions. Make sure to stay tuned and adjust your strategy accordingly.
Wishing everyone a happy and prosperous 4th of July!
USDCAD SELL | Idea Trading AnalysisUSCAD is moving in a descending channel, We expect the decline to continue after the dynamic resistance is retested.
USDCAD is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
USDCAD Structure ShiftedAs per the weekend analysis it seems we are about to see a drop coming in USDCAD towards 1.3660. as we have Monday opening left, i am not expecting any gap to be occurring in the market. expecting price not to breach its current swing high of 1.3780 level while maintaining a bearish bias. Entry can be done around at current level . but i would like to wait till Monday new York opening to see more price action to come.
will update more about this pair and setup with entry and stoploss soon. do comment like share and subscribe for more detailed videos of trading setups