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.
Usdcadsetup
Break of the triangle pattern to move to the upsideafter breaking the triangle pattern, it is expected that the pair will move to the targetted area
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 BuyThis is my idea on USDCAD pair.
What do you guys think?
Trading rules:
TP1 partial close 30%
TP2 partial close 30% + moving SL to ENTRY point
TP3 letting run without risking lose.
UsdCad- Great R:R medium term tradeUndoubtedly, since mid-March, CAD has dominated the market, and with USD has strengthened more than 2500 pips, reaching a local low at 1.2 at the end of May.
A first leg of correction has followed and a new drop after this.
However, this new drop has found bids in 1.23 zone and we have 2 Doji candles on our weekly chart that can signal a higher low is in place.
I expect a new leg up from UsdCad and the price could reach and test 1.3 resistance.
Such trade can have a 1:5 risk to reward ratio and is negated with a daily close under the last recent low
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 SELL ideaUSDCAD has been making higher lows in the recent week, however I've noticed it has been trading in a consolidation
There are 2 entries here where the aggressive one is based on these confluences:
Retest of Trendline
Test of 61.8% Fib
Higher Low Created
Bullish Engulfing/Momentum Candle
Conservative entry would be on a break and retest of the consolidation box
USDCAD Short to Long idea /MultipletermHello guys.
We are having quite strong downtrend.
At the moment wave3 /=W3/clearly pulling back at fib 1.618 and heading to wave4 /=W4/. Wave 4 might be at Fib 0.2 /1.24045/ or Fib 0.3 /1.24727/. Then it possibly retrace to wave 5 /=W5/ around 1.217.
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This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
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.
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USDCAD reacting to 1.23000?? time for buys??We are now running into a very interesting level on USDCAD and would like to see some more price action before looking at taking long trades off that area but main point is profit is secured and still keeping a small percentage running with stops at breakeven in case we see further downside.
USDCAD SHORT TRADE SETUP In a Medium and Daily timeframe USDCAD is still Bearish and we are in a Bear run. So Keep your funds safe we have lots of opportunities to earn more.
USDCAD SHORT TRADE SETUP IN DAILY TIME FRAME.
USDCAD LONG TRADE Nice area we are currently reacting from. Id like to see price from here make a quick upside move where ill be moving stops to break even and hopefully holding a nice swing trade. Make sure you are only risking 1% max, this is a risky area but can pay off if we see a reversal.
USDCAD trading IdeaUSDCAD has a strong possiblity to turn back and get strong at the point of next support to maintain the previous records.
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.
#USDCAD SELL OPPORTUNITY LONG TERMIf price fail to come higher than 1H EMA and also rejected from this area which is our static Resistance zone and manage to come lower than 1.26268 means short term bullish corrective move has ended and price can start another drop to 1.25630 and after that because of higher time frame bearish move can also see lower prices.
price at the moment is sitting on 1H & 4H EMA and also we can see bearish divergence which all suggest its a good area for looking to short this pair.
But we should remember if price goes higher than 1.26555 this analysis has failed and our short term trend has confirmed to be bullish.
USDCADIntraday bias in USD/CAD is turned neutral as the sideway pattern from 1.2947 is still extending. On the downside, break of 1.2592 support will extend the fall from 1.2891, as the third leg of the pattern from 1.2947, to 1.2492 and possibly below. Overall, with 1.2421 support intact, rise from 1.2005 should still be in progress for another rally through 1.2947 at a later stage.
USDCAD 15MIN TIMEFRAME ANALYSIS (BUY) We consider buying this USDCAD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USD CAD BUY SETUPprice currently testing the daily support.. i see bullish divergence on the 4hrs am taking an early buy from this level... you can wait for price to break out the channel
USDCAD intra-day long tradesJust a a bit of an explanation to my USDCAD buy trade to start the week which is now running risk free. For these intra day trades I like to be a bit more aggressive on the charts quickly moving stops to break even to cover my positions and having tight stops from entry to minimise risk. I cant always update my entry in video form but will do my best to alert my trading view when a see potential setups. Hope everyone smashes it this week! annndd dont forget riiiiissskkkk mannnnnaaaaggeeeee!!!
