Usdcadshort
USDCAD downtrendIn this USD CAD downtrend, you can SELL in this range
We seem to be strengthening CAD, because so was my analysis of AUDCAD
I put the AUDCAD analysis link in this post
usdcad analysis hello traders usdcad next move possible to sell beacsue usdcad made head and shoulder pattern h4 time frame
usdcad short idea price action 15 min TFPrice action & Candle recognition usd cad short based off of Price action
USD/CADSell: USD / CAD
SL @ 1.29220
TP @ 1.27850
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
USDCAD Short Looking like a potential 200-300pt SHORT to the FVG to the LOWs at 1.2600
Really liking this SWING TRADE SETUP
2806 USDCAD 6H looking for breakout to new lowsHello traders,
USDCAD is so bearish on daily chart.
And on 6h chart, it is still sideways moving above the weak support level WITH all price running beneath EMAS.
This is a best position for breakout strategy.
Check in later NY sessions to see if it would make a strong breakout signal, down there supports.
GOOD LUCK ON THIS PLAN TO SELL.
LESS IS MORE!
USD/CAD SELLSell again from ~1.30, last Time was a big Winner! - 1bn waiting @ 1.275 - Targets @ 1.275 - 600m @ 1.30
USDCAD Sell Set UpUpdating last week's chart as I didn't get the LH I wanted. If price can touch 1.86, just tapping into the resistance I'll enter a sell to 1.278. I have my alert set but will check every hour. up until 12pm EST to see what the price does.
USDCAD Idea H1Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD - Daily Trade Idea - 28-Jun-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 Term Bearish Idea for USDCADFX:USDCAD
Shot term bearish idea for the pair
Pair is moving in 1D upward parallel channel, made a double top and retraced to 0.618 FIB level.
If it doesn't bounce back from current price, then probability to continue downward in channel is too high.
so I am bearish biased for short term with Target Price of 1.27696 and stop loss above 1.29250
Best wishes for Trade
Outlook on USDCAD: Bearish play seenOn the monthly and weekly time frame, prices tested and reversed off a key resistance zone at 1.3080 with bearish order flow seen on the H4 time frame, as price broke the recent market low at 1.2920. On the H4 time frame, a pullback to the resistance zone at 1.300, in line with the graphical resistance level, 61.8% Fibonacci retracement and 61.8% Fibonacci extension presents an opportunity to play the drop to the next support target at 1.2750. This demand zone lines up with the 61.8% Fibonacci retracement and 61.8% Fibonacci extension levels. Stochastics is also facing resistance at 97.81 with bearish divergence seen which supports our bearish bias.
2406 USDCAD pull down for a correctionHello traders,
USDCAD got RSI DIV on 4h chart after such a strong swing up.
It just finished a ABC wave correction, it possible to pull down for a big correction to 1.286 for 100 pips down from current price position.
GOOD LUCK ON SEETING PLAN TO SELL.
LESS IS MORE!
