Usdcadsignal
USDCAD Bullish Continuation PossibilityI predict that USDCAD will continue its bullish movement. This assumption is based on the Fibbonaci cluster that brings together the 3 golden ratios of the Fibbonaci. 1,618 external retracements, 2.24 external retracements, and 1,168 of the price projection ratio. The three areas meet at the price range of 1.2822 - 1.29085, where the price range is also my prediction for the price to move into that range.
Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
USDCAD Entries + Exits (FREE STRATEGY)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD
USD/CAD hit TP2 on last chart I posted on this pair now has reversed from that area and coming back to support zone which was once resistance, if we get good news from USA data and FOMC possibly could go back up, it will be volatile this afternoon as we have high Canada data released to, so just be patience with this set up
so i will be looking to take trade from order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
Trading Idea Regarding USDCADThis pair is going bullish for now
Technical Analysis
1-Break out price structure and retesting it before continuation to the upside
2-Ascending Triangle Chart Pattern on weekly Time Frame
Sentimental Analysis:
1-CADJPY Reached falling resistance level indicating bearish move for the pair (Indicating possible weakness for the CAD)
2-AUDCAD is making Q&M chart Pattern which is indication of bullish move for the pair(Indicating possible weakness for the CAD)
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
UsdCad- Nice trade with great R:RIn June 2021, UsdCad has changed the trend, breaking above the descending trend line and reaching a high around 1.3 important resistance.
Since then, the pair was very volatile with large up and downswings.
In December, UsdCad has had a new attempt to conquer 1.3 and failed again, dopping slightly under 1.25
However, this low is higher in rapport with the previous 2 and can be an indication of continuation to the upside.
More, 1.25 zone is market by 3 bullish pin bars and it is clear that we have buying power in this zone.
In concl;usion, dips against 1.25 should be bought and swing traders can target 1.3 resistance.
A dive under the recent low would negate this scenario.
Best of luck trading UsdCad
Mihai Iacob
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead
USD/CAD hit a nice rejection zone on the daily last week so I can see this pair being bullish this week so looking for a buy only
so i will be looking for a pullback to order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
USDCAD Possible Sell setup from USDCAD,
from @1.26533
to @1.23926
I consider trend of the market as a bias for this setup as sell trade on strong resistance at the zone from 1.26533 to 1.26733
Note; this is my analysis bias, confirm your analysis bias before make any decisions and your proper risk management
long USDCAD Analysis USDCAD reaching a D Timeframe Volume cluster as Support. The Support zone is an area where previously uptrend (Bullish) Started. The downtrend is overextended as well. Might see a pullback to the resistance zone marked. A 2Hr timeframe Divergence on MACD is also forming. Waiting to see good price action. Good Luck !