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Usdcadshort

USDCAD - Short from bearish orderblock ✅Hello traders! ‼️ This is my perspective on USDCAD. Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.34000. ‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
Sold the USDCADThis is a sell trade of which analysis I did before now however I did not publish it. For the sake of learning and journaling I am publishing it now. This trade like every other trade I take is a trend trade. The USDCAD is trending down and gave a new low, I simply find and mark out the high and label my preferred sell zone represented by the red box. A sell limit order is good for a trade like this. As we see the price pulled back to the sell zone and continued its trend down creating a new low. I took good profit with a 1:2 risk to reward ratio. What to expect? I keep it simple and repeat the same steps the gave me this trade. keep following! I will be updating the chart analysis on USDCAD and publishing it.
Short
by StephenAdeniken
USDCAD - Daily Trade Idea - 2-Feb-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1
USD/CAD :: Downtrend in the new week !!USD/CAD ::: Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position. Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend. Purple Channel :: Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend. The previous analysis has also shown the corrective movements well :::: <<<< Analyze simply with The_Best_Trader_1991 >>>>
Short
by The_Best_Trader_1991
2
USDCAD - Daily Trade Idea - 25-Jan-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
USDCAD - Daily Trade Idea - 23-Jan-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1
USDCAD - Daily Trade Idea - 20-Jan-23USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1