USDCADit seems DXY get some down reactions of M4 level and Usd/Cad going to down.
I think Usd/Cad goes with head and shoulders pattern and we can sell 1:1.8 RAW
Usdcadshort
USDCAD - Sell-off expected ✅Hello traders!
‼️ This is my analysis on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from this bearish orderblock + institutional big figure 1.38000 after price filled the imbalance.
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USDCAD ShortPrior to the news in a short while, this price action in usdcad is showing high probability of price reversing here. Currently it has taken the Buyside liquidity of the previous day at a standard deviation of 2 from the cbdr, and has shifted bearish on the 15m TF and LTF .
Daily price is exactly at a bearish Orderblock. Expecting to see price move from internal to external liquidity now.
USDCAD SHORT POSITIONOnce again another best trade entry to bearish zone its move from HL & HH to HL & LL. short after the price reach the HL
USDCAD,you can have short and logn position.you can have a lot of point to enter,but do all of them take profit? definitely not. you should pay attention to choose positions and wait.
so, there are two point for usdcad and you can enter the trade after waiting and the price reaches to zone
USDACAD SELL LONGUSD/CAD is the abbreviation for the U.S. dollar versus Canadian dollar (USD/CAD) currency pair. The quote given for the USD/CAD currency pair tells the reader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency).
USDCAD H4: Bearish outlook seen, further downside below 1.3680On the H4 time frame, prices are facing bearish pressure from the resistance zone at 1.3680, in line with the descending channel’s resistance and Fibonacci confluence levels where we could see further downside to the support zone at 1.3420. This support zone coincides with the graphical low, descending channel’s support and 78.6% Fibonacci extension level. Stochastic is approaching resistance at 96.94 as well where we could see a reversal below this level, in line with prices.
$USDCAD TRADE SELL SETUPThe trade is clearly in a pullback.
I would expect the market to hit the top and reverse
USDCAD ! NICE SETUPrather it gets a pull back or just a breakout due to the double bottom im seeing some upside b4 any possible down move and it could postenially push towards that strong high
USDCADHi traders, USDCAD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
USDCAD first SELL area 4 next leg down Looking at that continuation down as explained last week.. Price at the moment is creating at resistance area with price slowing down and rejecting. Price can push a little higher so I may just wait for the initial drop on the 1hr and then look for a small right shoulder..
USDCAD SELL !!!!!!!!!Price still makes consolidation and will be a continuation or it will bounce up. If you wanna follow me to take a trade, make sure your money management rule your trade
USDCAD Short Term Sell call @ 15 MinsUSDCAD Short Term Sell call @ 15 Mins
Expected run in the channel until rising wedge defined.
Entry: 1.35940
SL: 1.36590
TP 1: 1.35518
USDCAD BUY LONGThe US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
USDCAD H1Hi traders, USDCAD is setting up for a downside move i am expecting from price to go our mentioned pattern completion area and looking price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
USD/CHF - Short Since the trend has changed in short term, looking for sell opportunity. Placing a sell limit as shown in above chart.
USDCAD - Daily Trade Idea - 28-Oct-22USDCAD (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.
Sell USDCADGood day, traders! Don't forget to put your thumbs up and write your comment if you like the idea
USDCAD sell from 1.3800 and 1.3850. Once again tested the monthly target and, taking into account the removal and return for support in the region of 1.3800, you need to look for an oncoming lane. Further growth potential will be only with a breakdown and fixation above 1.3850. First objective standard, global objective test 1.3600 and ideally update 1.3500
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDCAD ThesisCurrently waiting for the candle to close below to take a sell after price retested the resistance zone. What's your thought on this pair?
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis 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 and reject from bearish orderblock + institutional big figure 1.37000.
Like, comment and subscribe to be in touch with my content!
USDCAD H4: Bearish outlook seen, further downside below 1.3720On the H4 time frame, prices are facing bearish pressure from the resistance zone at 1.3720 which coincides with the graphical resistance zone, descending channel’s resistance and Fibonacci confluence levels. A pullback to the 1.3720 resistance zone presents an opportunity to play the drop to the support target at 1.3380, in line with the 38.2% Fibonacci retracement. Prices are holding below the Ichimoku cloud as well, supporting the bearish bias.
USDCAD - Daily Trade Idea - 27-Oct-22USDCAD (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.
