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Usdcadsetup

USD/CAD BUY THE PULLBACKTechnical Overview: - USD/CAD While the the obvious trend is bearish, we are out here doing the opposite. Trading is all about your mental decisions, and our outlook changes our outcome. Since price had dropped, this created a huge discount for hedge funds to enter in on cheaper prices. We are bullish simply because price is oversold from a HTF. Smaller time frame suggests downside, this could be used as an opportunity to enter in when price is falling. Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾
Long
by FlyDownX
6
USDCAD - Full Analysis BreakdownWelcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on USDCAD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner. Feel free to comment a pair or subject you would like me to cover next. Trade Safe Alpha Trading Group.
Short
by AlphaTrading-Group
2
USDCAD: Ending Diagonal PatternIn some cases, we cannot detect the main trend clearly. But there are patterns that are helpful, they temporarily show the trend. One of these patterns is Diagonal. As you can see in the image, the Diagonal pattern is formed and we are waiting for the price to increase to the range of 1. 3411. To get the confirmation for the uptrend, the price should cross the range of 1.2835. In addition, convergence is evident in RSI. This analysis will be violated by crossing the price from the range of 1.2588.
Long
by NirmataFX
USD/CAD PAIR BREAKDOWN👋 Hey there traders, and welcome to a brand new pair breakdown! 📌 If you like the content that I produce for you all, show some love by smashing the like and follow button, also, leave a comment! That keeps me motivated to produce more content! 📌 Why should you follow me on Tradingview? I'm transparent. I provide educational content. High probability setups I explain all my steps in-depth 📥 If you would like me to analyze a pair, or discuss something educational and or trading related, let me know via private message, or drop a comment! I always respond to all the comments! :) Keep in mind that the analysis provided is not 100% accurate and that you can never be certain about the markets. This information given is not financial advice, always do your own research. Thank you for your time, and let's destroy the markets together!
by UnknownUnicorn7363578
1
USD/CAD Buy Opportunity Technical Overview: - USDCAD has been on a bearish run past the few months leading up to January. We know this is a monthly trend that many people have sold based off and many people have swing trades positions to the downside. The markets is not yet done, we may have more downside to around 1.2600 Zone which would be a much better R:R at a discounted price. Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate. Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾
Long
by FlyDownX
1
USDCAD - Full Analysis - UPDATE Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on USDCAD, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner. Feel free to comment a pair or subject you would like me to cover next. Trade Safe Alpha Trading Group.
Long
by AlphaTrading-Group
1
USDCAD | Perspective for the new weekWith over 380pips in our direction since my last publication on this pair (see link below for reference purposes); It appears we still have a few more pips to mop as the appearance of a Bearish Rectangle pattern dictates the prevailing direction of price... The risk of further decline gains momentum! The USD/CAD pair gained some positive traction during the mid-European session on Friday and climbed to around the CAD1.27910 which was followed by sharp rejection of this level. As I anticipate making CAD1.27910 my new Sell window in the coming week, the major Supply zone @ CAD1.28400 is still a zone with selling significance. Tendency: Downtrend ( Bearish ) Structure: Bearish Rectangle | Breakdown | Supply & Demand Observation: i. The risk of further decline in the week(s) ahead is still strong as price-action is caught within a Bearish rectangle pattern. ii. Presently, price action is hovering around 61.8% retracement of AB leg with indications that it might evolve into a Harmonic (AB = CD) pattern in the coming week(s). iii. ABCD pattern parameters explained below; a. Leg A-to-B is expected to be in harmony with the potential C-to-D leg. b. The B- to-C leg is currently hovering at 61.8% (with a possible 78.6% in the future) Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move. iv. Breakdown and retest of Demand zone @ CAD1.27000 shall inspire a second position. Trading plan: SELL confirmation with a minimum potential profit of 150 pips. Risk/Reward : 1:3 Potential Duration: 1 to 5 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry