USDCAD SELL ANALYSISLooing at USDCAD on 30M timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this phase
Usdcadshort
USDCAD M30: Bearish outlook seen, further downside below 1.2850On the M30 time frame, a pullback to the resistance zone at 1.2850, in line with the graphical resistance area and 78.6% Fibonacci extension presents an opportunity to play the drop. A break below our downside confirmation level at 1.2835 could provide the bearish acceleration to our support zone at 1.2790. This support zone coincides with the 78.6% Fibonacci retracement. Prices are holding below the Ichimoku cloud indicator as well, supporting the bearish bias.
USDCAD - Daily Trade Idea - 4-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 possible sell zone!!USDCAD( D ) has formed another bearish engulfing in the direction of a daily downtrend from daily 20EMA. There has been already a series of bearish of engulfer in the direction of the trend with a series of lower highs. A possible sell opportunity may arise upon the close of the daily candle with a lower low.
Short USDCADUSDCAD is firm a falling flag after break neck line of double top pattern and has chance to goes down again.
Any break out above channel can be false break out, So, if break above channel, do not panic and wait for 4 or 5 candle after that to back to channel.
Trade safe.
Good luck.
USDCADUSD_CAD Continues bearish ,
pullback at supply zone and a move down towards the target 1 or 2
SHORT
USDCAD High probability SellHi Traders,
USDCAD is setting up for a sell opportunity. Looking at the HTF we can see that price made an strong impulse push down followed by a bearish correction to indicate another impulse is likely to occur. We can also see a bearish H&S pattern to add confluence to this trade opportunity. Looking on the LTF we can see price failed to push any higher and created another H&S pattern inside the HTF to tell us further downside may happen.
Trade Safe
Thanks.
USDCAD short ideaAfter the completely fulfilment of the previous idea, it is expected that it will be short until the resistance.
Easy Short setup on USDCAD Hi Traders
I have found an Easy short setup on USDCAD. The structure is similar to that of EURUSD in regards to the false breakout. I have already entered the short on this one and I am confident that price may continue to push. When looking at the weekly, We can see that price is rejecting a weekly timeframe 1.28770. If you take a closer look we can see that price has created a double top pattern and is currently rejecting the level. I am taking the position based on this.
I have also drawn a wedge that has broken through and is now being retested, I would like to see price reject and then continue to push lower, The previous Bearish engulfing candle has also given me a strong enough reason to enter.
My target is based on the obvious support level at 1.27700 where I will take my full position off the table. Looking at the flip side If price breaks above the 1.2875 level I will be out of the trade.
Remember to plan your trade accordingly and do not over risk on your positions.
Renaldo Philander
USDCAD possible short for 1.2720weekly chart making lower low and lower high. 1.2870-90 initial supply zone if fails to hold then supply zone for short 1.2925-50. stop loss 1.2960 target: 1.2720
Selling USDCADTrade Idea: Selling USDCAD
Reasoning: Price stalling near trend line resistance, current trend remains bearish
Entry Level: 1.2874
Take Profit Level: 1.2760
Stop Loss: 1.2901
Jamie Gun2Head Idea - Selling USDCADTrade Idea: Selling USDCAD
Reasoning: Price stalling near trend line resistance, current trend remains bearish
Entry Level: 1.2874
Take Profit Level: 1.2760
Stop Loss: 1.2901
Risk/Reward: 4.22:1
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USDCAD H4: Bearish outlook seen, reversal below 1.2890On the H4 time frame, prices are approaching the resistance zone at 1.2890, in line with the Fibonacci confluence levels where we could see further downside below this zone to the intermediate support target at 1.2780 which coincides with the graphical support. A break below the 1.2780 intermediate support target could provide the bearish acceleration to the support area at 1.2680. Prices are holding below the Ichimoku cloud indicator as well, supporting the bearish bias.
USD/CAD LONG SETTING UPUSD/CAD
I am going to wait for the breakout before entry. Eyes should be on this because a bullish correction is about to take place
USDCAD Down Trend.!#USDCAD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
USD/CAD Analysis for next movePrice is expected to fall as already made triple-top, but if the price reverses from the support he it will fail the pattern and still can go up.
USDCADCould we still see a continuation of the bearish sentimet of USDCAD?
With possible recession questions asked within the US and a reported strength in the Canadian economy, anything is possible.
However, from structural bais, trend has been bearish with successive BOS of demand zones, could a possible entry be taken then?
USDCAD - Daily Trade Idea - 1-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 SHORT IDEAHey guys, I'm bearish on this pair. I expect that fvg on the daily chart to be filled
USDCAD Down Trend.!#USDCAD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
💵U.S.Dollar/Canadian Dollar 💵Analyze !!!U.S.Dollar/Canadian Dollar made a Double Three Correction (WXY) in ascending channel.
I expect that U.S.Dollar/Canadian Dollar will go Down at least to the lower line of ascending channel, and it is possible to break the ascending channel this time.
Also, we can see the Regular Divergence between price and MACD Indicator.👇
🔅U.S.Dollar/ Canadian Dollar Analyze ( USDJPY ) Daily 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.
Week 07 | USDCAD | Short Position | H1 | 29-07-2022After a bullish run the US Dollar is looking in a bearish mood. The price is currently below the fib 0.5 level but the bearish candles are still forming which shows that bears are in control. Lower highs are formed so we can take short position at this stage.
