USDCAD: Elliot Wave 1hrAccording to Elliott's view, we seem to be in a five-wave c-wave and I expect this range to move.
Usdcadshort
USDCAD....SHORT (80 PIPS)after USdcad broke 61.8% fibo mark (1.29900)....i expect a sell into 1.29100.
there's a clear chance for a perfect rejection at 1.2933
NB: blue box: breakout region for downside/ rejection for buy clause!
red box: rejection zone
Short USDCADBearish Indicators
*Bearish divergence
*Ascending trendline broke
*Rejection at resistance level 1.30174
*Bullish engulfing
Biased: Short
Stoploss above previous high and will try to ride the trend InshaAllah.
USDCAD short running in blue 🟦4am UK time see an alert on my USDCAD 30M reversal strategy.
Reversal trade identified and entered.
Strategy can be automated I wasn't up at 4am.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
Potential reversal in USD/CAD; hitting the top of the channelUSD/CAD is moving within an ascending price channel for the last few months.
The best level to sell would be after the price hits the upper trend line of the channel.
My recommendation is to wait for the price to touch the upper trend line. The area between
1.3150-1.3220 would be of interest to me.
Potential sellers must wait for price rejection at the level mentioned above before placing
sell orders. However, there is also a chance that the price may not reach that level and it may
already start falling before that.
USDCAD awaiting short positionsUSDCAD is forming some nice price action and is the trade I'm most interested in at the moment. As explained I'm looking for price to make another failed attempt to push up then enter shorts off the back of that rejection.
USDCAD - Daily Trade Idea - 24-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
USDCAD SELL SET UPThis is a trade we have been waiting on for a while to reach our POI an area where we will be looking to sell this pair.
USDCAD major resistance 1.30500 shorts?Will be monitoring price around the current resistance of 1.30500 for some short trades.. Ill be waiting for more price action on the 1 and 4 hr before even looking at entry, if you are trading this level id recommend you wait for the confirmation right shoulder move as we are still in a steep uptrend..
USD/CAD SELL NOW...
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
💵U.S.Dollar/Canadian Dollar 💵Analyze !!!U.S.Dollar/ Canadian Dollar is making a Double Three Correction (WXY).
I expect that the microwave Y will finish in my PRZ(Price Reversal Zone)& TRZ(Time Reversal Zone) and near the resistance line. After that, U.S.Dollar/ Canadian Dollar can go down to the middle line of ascending channel, and in the next step, it is close to the support line.
🔅U.S.Dollar/ Canadian Dollar Analyze ( USDJPY ) 2H Timeframe⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
USDCAD short signalI have attached all the explanations in the chart
Be sure to pay attention to the description
And do not enter into the trade without considering the conditions
Week 9 assignment (EXHIBIT B) for USDCAD by PROSHERIFFSHORT ON USDCAD
SHORT BIAS:
1. Bearish Divergence on the RSI
2. Resistance Line has been tested before
3. Price needs to come down to test the last institutional order block
USDCAD new Idea. looking forward to seeing USDCAD take out the new liquidity created fill in the imbalance, mitigate the supply zone above, before we start selling off.
Usdcad Short 17th August 2022We have seen a clear bearish structure on the usdcad and we have seen also a confirmation by a reaction on the first OB and we are now looking to see the market fall from this supply zone and push price lower!!
USDCAD - Daily Trade Idea - 17-Aug-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
SHORT ON USD/CADPrice has taken out liquidity from the highs and is now falling... uptrend structure has been broken on the lower timeframes (5 and 1min)
Price is also in a overbought state on the rsi and is now starting to fall to grab liquidity from all support areas.
Entry 1.28950
Stop loss = 1.29440 49 PIPS
Take profit = 1.27741 120 PIPS+
USDCAD | BEARISH TRENDUSDCAD - 1HR - 1D - TECHNICAL ANALYSIS
The bulls tried to continue higher, but the bearish keeps taking control. Creating lower lows and lower highs.
🛎️🛎️ USDCAD 1H PROJECTIONUSDCAD is in A Down Trend From Previous Days . And Now The Market Has Reached the ORDER BLOCK ZONE . Grabbing Some Liquidity Above Inducements . So Now we are Expecting The Market to Fall From Here
USDCAD analysisFor usdcad analysis, I can say that there is more possibility of fall and decline
So I will wait for the price to go up
And I am waiting for a sell position in a good range
USDCAD ! Broke through Support Zone, time to short 1.28500 ~ 128000 It was a very important key level for a short term. In the short term, it is moving back to the downtrend.
