USDCAD--H4--H1 SHORT || Sell SetupHere price already have broken the previous support now respect as well as resistance with trendline...
So hope it will SHORT position...
Just wait for confirmation and must follow PRICE ACTION...
Usdcadsetup
Strong short usdcad for long term targets 1.1900/1.0700 strong short usdcad for long term targets 1.1900/1.0700 just Trade with proper money Mangement thanks
USDCAD--H1--SHORT Forecast || Do not miss it...Here a good downtrend and also today's USD news was bad impact.
So after breaking this support You can go for SHORT...
USDCAD SHORTMy trade idea is complete at 480 pips. I will wait for breakout from the channel to enter other short positions.
See initial idea (before) here
USDCAD : Will it turn BearishUSDCAD ;
Trade : Short/Sell
Profit Target : 7% < 15% (Swing & Long term)
Trade Type : Reversal
USDCAD SELL SHORTS from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
SMALL LOT SIZES
USDCAD at top side resistanceUSDCAD
CAD pairs are mostly influenced by the price movements in oil market
USDCAD has break the major resistance zone 1.41000 and run up to 1.46800 and stalled
The upward trend-line was broken in One hour chart
We can expect short term fall back as its in overbought condition
We can enter at the 1.44700 level which is 78.6% Fibonacci level
Potential take profit will be 1.41750 which is 50.0 % Fibonacci level
In between this level there is major deciding level is there which is 6.8% Fibonacci
Leave your valuable comments below
USDCAD SHORT FX:USDCAD
Price has come to a resistance point in weekly time frame, we want to see if price is going to reject that point and act as resistance and after a retest of that zone we might consider of opening a sell position up to 300 pip target.
We are looking for the retest in 1H time frame
USDCAD-opposite to the safe heaven assetsUSDCAD
The CAD movement is mostly based on the movement in oil market.
As the Canada is one of the major oil exporting countries and their economy is also depends on this type of oil based industries
After touching the march low which is 1.33250 it has reached almost 1.40000 level
We can expect short term fall back towards 1.36400 which is also a 50% Fibonacci
Suitable long positions may opened at this level
Potential take profit will be 1.40000
Stop lose may placed below the 100 EMA zone as i marked in the chart
Leave your valuable comments related to this pair
USDCAD - DAILY - SHORT SETUPUsdcad has been uptrend for over 3 weeks and now its at a monthly supply level so we can see a correction on the way on daily and H4 timeframes.
USDCAD longI took this trade in the hope to test the 1.40 level. Minor support below, so let's see how it goes. Cheers!
USDCADlONG USDCAD
TP 1 50 PIPS
TP 2 110 PIPS
TP 3 OPEN
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USDCAD: SELL MOMENT!The value needs a retest in the downtrend, now is retesting a 78% of fibo and it's also giving us a confirmation of a sell zone, we expect at least 95 pips for this operation (1st TP will be in the marked supply zone), stay focused because the value is giving us a short entry.
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USDCAD in a SELL ZONEThis is what can we expect about USDCAD this is an update of a previous analysis, i leave the link here, by the reasons exposed in the post (38% general fibo Daily+KL+ offer zone+78% fibo 1h) that means that this is a really strong sell zone.
USDCAD: Price Approaching Sell ZoneHi Traders,
I'm looking for an expanding flat in wave X. It is at this point where I'm expecting institutional sellers to take short positions. With this being said, we currently do not have a confirmation take any short positions.
Wait for confirmation before taking short positions.
Regards
Wave Theorist
USD/CAD LONG SET UPUSD/CAD BUY
Entry 1 1.32444
Entry 2 1.32380
Sl 1.32280
Tp.1 1.32644
Tp.2 1.32844
Tp.3 1.33044
