USDCAD Potential Breakout TradePotential Breakout trade on currency pair USDCAD, place Buy Stop and Sell Stop Orders or wait for Breakout.
Manage your risk accordingly.
Usdcadsignal
USDCAD Analysis 9July2023on this fibo extension, it looks like wave a = wave c. when wave c has the same length as wave a and there is a correction, there is a possibility that this correction will approach the invalid area. if you want to go long, it is better to wait for a saturated candle in the SnD area.
#USDCAD - Long 4H☑️Broke the structure on the 4 hour timeframe
☑️Lots of liquidity at the bottom
If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
Long USDCADI am looking at a long for USDCAD @ 1.33654 (current rate I am looking at right now upon entry) I believe there are ways for this pair to go before a major drop happens. Go long on USDCAD if you are looking to take a risk. Shall update this position soon.
USDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | USDCAD AB=CD in the ascending channelUSDCAD is currently trading in an ascending channel.
The market created a consolidation zone and broke/closed above it.
Price is coiling up before breaking through the level.
We anticipate a retest of the major resistance and a complete AB=CD pattern.
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USDCAD Prediction H4Here is my analysis for USDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD - Short the Pair Next Week
USDCAD is trading in a long-term bearish trend.
At the end of June, the market started a correctional movement,
after it successfuly completed a bearish impulse.
Analyzing the price action, it feels like the correction is finally over.
I expect a bearish movement next week.
Target Level - 1.3135
Please, support my work with like!
USDCAD BuyThe DXY (Dollar Currency Index) seems more bullish than CAD. I believe that this pairs will gradually rise to whole next week.
USDCAD- 454 PIPS BUYING OPPORTUNITY❤️Dear Traders, we have a great buying opportunity on USDCAD; price breakthrough the consolidation phase and it gave us an direction to go BIG on this pair. Once price comes to our area and reject that will be the time to enter using an accurate risk management.
Follow for more❤️
USDCAD : Long Trade , 1hHello traders, we want to check the USDCAD chart in the 1-hour time frame. The price has broken the descending channel upwards and then pulled back to the key level between 1.32200 and 1.32300. We expect this level to act as a support level for us. perform and maintain the upward trend of the price. If the price increases, we can expect the price to grow up to the next key level, i.e. up to the price of 1.33500. If the upward trend is strong, the next target that can be envisioned for the price It is 1.34600. Good luck.
USDCAD⚠️ALERT:Reaction from SELL Zone✔️USDCAD is expected to fall
✔️Recommended to consider Selling from Seller Limit Area
1.3278 & 1.3250 Zone
Now try to move down with new Sellers.
⚠️SELL the TOPS!!!
USDCAD Forecast 29June2023currently the price has formed CHoCH and broke through 2 SnD. there is a possibility of trend collapse where there is a trend escort to become bullish.
This analysis will fail when the price drops more than the invalid area below.
USD/CAD breaks to a 9-month low, 1.3000 in focusCanadian consumers want to have their inflationary cake and eat it, with a hot retail sales report bolstering bets that the BOC could hike again at their next meeting in July. Whilst a hike is not yet a given, the BOC did deliver a hawkish hike earlier this month - and with consumers continuing to spend, it keeps the pressure on the BOC for further hikes.
Yet a weaker USD - seemingly on the back of Jerome Powell's testimony not being hawkish enough - helped USD/CAD break to a 9-month low.
The daily chart shows that is closed near the lows of the day after falling through a major zone of support. It's interesting to see the daily low found support at the September VPOC (point of control), so perhaps we'll see a minor bounce before losses resume in the direction of the breakout.
The bias remains bearish beneath 1.3270, but we'd prefer to seek bearish setups o lower timeframes beneath Tuesday's low to increase the potential reward to risk ratio
But if bears maintain their grip on USD/CAD, a break to new lows brings the 1.3000 handle into focus over the coming weeks.
DeGRAM | USDCAD descending channelUSDCAD is moving in a descending channel, and it's pulling back to resistance.
Price action is making lower lows and lower closes, indicating a bearish trend.
We might see a short-term pullback or consolidation at support level.
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USDCAD ____ INCOMING BULLISH MOVEHello Traders,
USDCAD has been on my radar for a while now. It has entered a key demand zone.
However, It is our job to monitor how it trades lower to track when the bullish move will begin.
If you look at the dollar index, you will notice it has shifted from the daily bearish move to the bullish structure. But USDCAD is yet to. This simply means that there is a divergence/manipulation at play and at some point, the shift from bearish to bullish structure will occur.
Follow me to see my post on more pairs under my radar.
Cheers,
Jabari
DeGRAM | USDCAD sell after pullbackUSDCAD moved out of the ascending channel and entered the descending channel .
The market is consolidating after breaking at the support level.
Price action is printing lower lows, indicating a bearish trend.
We expect to retest the resistance then selling the opportunity.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCAD possible long for short term14th September daily bullish order block with imbalance as well. Demand zone for long 1.3180, sl 1.3125, target: 1.3315
USDCAD Local Bearish Bias!USD-CAD is now consolidating
Below a broken key horizontal
Level of 1.33200 after the
Bearish breakout of the Double Top pattern
so I am Somewhat bearish biased
And I think that we will
See a move down !
USDCAD Forecast 13June2023looks like sideways? is there an opportunity?
I like this kind of chart model, where we can make transactions with very little risk.
USDCAD Will Grow! USD-CAD is trading in a
Range and the pair went
Down to retest the support
Level of the range (1.33336) and we are
Seeing a bullish reaction
Already so I think that
We will see some
Further growth soon !
USDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 8June2023there is a change in the elliot notation on this pair. if you look at the pattern that has occurred, then a complex correction has occurred and may enter the final period. I am more inclined to buy. looking at the existing history, the price always responds positively to the trend line, so the big possibility is bullish. bullish analysis can fail when the price drops deeper than the invalid area.
