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Usdcadshort

USDCAD - Daily Trade Idea - 16-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 - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES. We think it will go up to 1.3494 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
by benny_marshall
USDCAD - Daily Trade Idea - 13-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
AW USDCAD Short Trade - Target is the .618 level...A good entry point for this short trade from current levels with a stop at 1.36671. We are targeting the larger degree .618 retracement at: 1.17943. This would give us a ratio of 5:1. We had confirmation at 1.34715 but it's not too late to get in. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Short
by AriasWave
USDCAD - Daily Trade Idea - 9-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
2
USDCAD 1:4 plus TRADE in SHORT! explained With Curve Analysis. We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve, Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction. The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific script plz leave ur precious comments, Enjoy Money Making !!!
Short
by WavesandZones
2
Bears taking over the USDCADThis is the view of the 4hr time-frame chart, although there are more information to consider from the bigger time-frames, we can see a clean break of structure to the preceding uptrend. the previous low has been broken indicating a possible reversal to the downside. I have marked out my sellzone of which I pray the market pulls back to and then I enter in for a sell trade to the to the last major support zone. NOTE: Manage risk when entering this position, it provides good risk to reward ratio for big returns on small risk.
Short
by StephenAdeniken
AW USDCAD Analysis - Shorting Opportunity Presenting Itself...Furthermore, to yesterday's analysis for USD\CAD, I have had a closer inspection of the waves and can see a shorting opportunity. In a nutshell the levels are as follows although stops can be moved once we break the confirmation level. Confirmation of this move lower comes when we break the 1.3485 level. Stop: 1.36849 Target: 1.18000 Yesterday's video linked below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Short
by AriasWave
Does the pair close the year with Bear's domination?# 1.35375 has been working as a level of resistance # The sellers may go short below 1.34850 USDCAD made a good bearish move in the H4 chart. The pair had a bounce at 1.34850 and made a bullish correction. The pair has been traded around the level of 1.35375. The H4 chart shows that the price reacted at this level several times. Thus, the sellers may keep their eyes in the pair to go short if the level produces a bearish reversal candle. The sellers may go short below the level of 1.34850. The price may find its next support around 1.34000. On the other hand, if the price goes above 1.35375, the buyers may push the price towards the North as far as intraday minor charts are concerned. It means the pair may extend its bullish correction. It may end up making the H4 chart choppy for a while. Considering the scenario, it seems that the Bear has an upper hand here. Let us wait and watch how the pair finishes the year.
Short
by SikderTareq
1
USDCAD Snipe SetupThe market's price action algorithm has given us a potential short opportunity. I am looking at a low risk sell limit order at this level based on the pricing that has been accepted in these areas. Please note that this setup is not guaranteed as nothing in the market is. Pay attention to price action as it develops. This limit may or may not activate today, if it runs halfway to target, I will leave it alone. Happy trading, never risk more than you can afford to lose in the market.
Short
by jefferytheartist