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Usdcadsignals

USD/CAD Bearish Trade Setup – Resistance Rejection & Target ProjUSD/CAD Bearish Trade Setup – Key Resistance & Target Projection Analysis: Timeframe: 30-minute chart Current Price: 1.43248 Indicators: EMA (200, Blue): 1.43024 (Key Dynamic Support) EMA (30, Red): 1.43142 (Short-term trend) Resistance Zone (Supply Area): 1.43300 - 1.43450 Support Level (Rejection Zone): 1.43085 - 1.43024 Trade Setup: Entry Zone: Around the rejection level near 1.43142 Stop Loss: 1.43435 (Above the resistance zone) Take Profit Target: 1.42355 (EA Target Point) Projection: Price is expected to reject the resistance zone, drop below the 200 EMA, and test the lower target at 1.42355. If price confirms rejection at resistance, a short (sell) opportunity is valid. A break above the stop-loss level could invalidate the bearish bias. Conclusion: Bearish momentum is anticipated if price respects the resistance zone. Confirmation from price action (candlestick patterns) will strengthen the trade setup.
Short
by EA_GOLD_MAN_COPY_TRADE
USDCAD Channel Down aiming for the 1D MA200.The USDCAD pair has been trading within a Channel Down and is currently around the 1D MA50 (blue trend-line) following its latest Lower High formation. If the current Bearish Leg is as strong as the previous one, we can expect the price to hit at least the 1D MA200 (orange trend-line) at 1.4000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USD/CAD "The Loonie" Forex Market Money Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. I Highly recommended you to put alert in your chart. Stop Loss 🛑: Thief SL placed at the recent / swing low level Using the 4H timeframe (1.44500) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.39500 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Read the Fundamental, Macro, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook before start the plan. USD/CAD "The Loonie" Forex Market is currently experiencing a bearish trend,., driven by several key factors. 1. Fundamental Analysis Fundamental analysis evaluates the economic indicators of the United States and Canada that directly impact the USD/CAD exchange rate. United States Economic Indicators: GDP Growth: Forecasted at 2.0% to 2.5% for 2025, suggesting steady but slowing economic expansion. Inflation: Stable at approximately 2.5% to 3.0%, with recent data showing no significant surprises. Interest Rates: Currently at 4.50%, with the Federal Reserve potentially considering cuts later in 2025 if economic growth weakens. Trade Balance: The US maintains a persistent trade deficit, though it remains manageable given the broader economic context. Canada Economic Indicators: GDP Growth: Projected at 1.0% to 1.5% for 2025, indicating moderate growth heavily tied to commodity exports. Inflation: Around 2.0%, stable but sensitive to fluctuations in energy prices. Interest Rates: Set at 3.0%, with the Bank of Canada (BoC) likely to hold steady or adjust slightly based on incoming economic data. Trade Balance: Mixed, with oil exports being a critical driver of the Canadian Dollar (CAD). Key Insight: The interest rate differential (4.50% in the US vs. 3.0% in Canada) currently supports the USD. However, declining oil prices—a key factor for Canada—and potential Fed rate cuts introduce uncertainty into the fundamental picture. 2. Macroeconomic Factors Macroeconomic conditions provide a broader context for currency movements, encompassing global and country-specific trends. Global GDP Growth: Expected to range between 3.0% and 3.3% in 2025, reflecting moderate global economic expansion. US Economy: Exhibits signs of slowing growth, with the Federal Reserve adopting a cautious stance, potentially leading to rate cuts if economic conditions deteriorate. Canadian Economy: Strongly influenced by commodity prices, especially oil, which has faced volatility due to global supply and demand dynamics. Central Bank Policies: The Fed is in a wait-and-see mode, while the BoC remains data-dependent, with possible rate adjustments if inflation or growth shifts significantly. Geopolitical Events: Trade tensions, including US-imposed tariffs, could pressure Canada’s economy, potentially weakening the CAD. Key Insight: Macroeconomic factors present a mixed outlook. Moderate global growth supports risk assets, but trade tensions and central bank caution create uncertainty for USD/CAD. 3. Global Market Analysis Global market conditions influence currency pairs through risk sentiment and economic interdependencies. Equity Markets: US and global equity indices are range-bound, reflecting uncertainty and mixed economic signals. Commodity Prices: Oil prices are under pressure, a bearish factor for the CAD given Canada’s role as a major oil exporter. Currency Markets: The USD shows strength against some currencies but weakness against others, lacking a dominant trend. Key Insight: Weak oil prices act as a headwind for the CAD, potentially pushing USD/CAD higher, though broader market uncertainty moderates this effect. 4. Commitment of Traders (COT) Data COT data offers insights into the positioning of large traders, shedding light on market sentiment. Large Speculators: Recent trends indicate a net short position on USD/CAD, suggesting bearish sentiment among big players. Commercial Traders: Positioning is mixed, with some hedging activity reflecting uncertainty in the market. Market Implications: The net short stance among speculators points to a bearish outlook, but it also raises the possibility of a crowded trade, increasing the risk of a short squeeze if the pair rallies. Key Insight: Bearish sentiment prevails among large traders, aligning with technical signals, though the concentration of shorts could lead to volatility. 5. Intermarket Analysis Intermarket analysis examines correlations between USD/CAD and other asset classes. Oil Prices: A strong inverse correlation exists between USD/CAD and oil prices. Falling oil prices typically strengthen USD/CAD by weakening the CAD. Commodity Currencies: USD/CAD often aligns with movements in other commodity-linked currencies like AUD/USD and NZD/USD. Equity Markets: A risk-on environment (rising equities) can pressure the USD downward, while risk-off sentiment bolsters it. Key Insight: Declining oil prices provide a bullish tilt for USD/CAD, but this is tempered by mixed risk sentiment across global markets. 6. Quantitative Analysis Quantitative analysis employs technical indicators to assess price trends and momentum. Moving Averages: The pair is trading below its 50-day and 200-day moving averages, signaling a bearish trend. RSI (Relative Strength Index): At 45, the RSI is neutral but approaching oversold territory, hinting at potential downside exhaustion. MACD (Moving Average Convergence Divergence): Positioned in negative territory, indicating bearish momentum. Chart Patterns: A bear flag pattern has been noted, with a potential downside target near 1.3164, suggesting further declines. Key Insight: Technical indicators predominantly point to a bearish trend, with the possibility of additional downside if key support levels are breached. 7. Market Sentiment Analysis Market sentiment reflects the collective psychology of traders and investors. Trader Sentiment: Surveys and positioning data indicate a bearish bias, with traders anticipating further declines in USD/CAD. Expert Opinions: Analysts largely recommend selling the pair, citing both technical and fundamental weaknesses. Social Media Trends: Discussions on platforms like X reveal mixed views, with some predicting a drop to 1.4000 and others warning of potential reversals. Key Insight: Sentiment leans bearish, consistent with technical indicators and COT data, reinforcing expectations of a downward move. 8. Positioning Positioning reveals how traders are aligned in the market, influencing potential price dynamics. Speculative Positions: Likely net short, based on COT data and sentiment surveys, indicating widespread bearish bets. Institutional Positioning: Mixed, with some institutions hedging against possible USD weakness. Market Impact: The heavy short positioning could trigger volatility if the pair moves against the consensus, such as in a short squeeze scenario. Key Insight: Bearish positioning dominates, heightening the risk of a sharp reversal if positive USD catalysts emerge. 9. Next Trend Move The next likely price movement is derived from current data and market conditions. Direction: Downward pressure is favored, driven by technical sell signals and bearish sentiment. Key Levels: Support: 1.4150; a break below could target 1.4000 or lower. Resistance: 1.4500; a move above could signal a trend reversal. Triggers: Upcoming economic data releases, central bank statements, or shifts in oil prices could catalyze the next move. Key Insight: The next trend move is likely to test lower support levels, potentially reaching 1.39500 if bearish momentum continues. 10. Overall Summary Outlook Overview: On March 6, 2025, with USD/CAD at 1.43000, the pair exhibits a bearish outlook. Technical indicators, bearish trader positioning, and market sentiment suggest downside risks. However, fundamental factors—such as declining oil prices and potential trade tensions—could provide some support for the pair. The market is at a pivotal point, with price action near key support levels likely to dictate the next direction. Future Prediction Trend: Bearish (Short-Term), with Potential for Reversal Details: Short-Term: The pair is poised to test support at 1.41500, with a possible decline to 1.39000 if this level breaks. This outlook is driven by technical weakness and bearish sentiment. Risks: A reversal could occur if oil prices rebound or if US economic data exceeds expectations, potentially pushing the pair toward 1.39000. Conclusion: The short-term forecast favors a bearish trend, supported by prevailing technical and sentiment signals. However, fundamental factors like oil prices and trade policies could cap downside or trigger a reversal, warranting close monitoring of upcoming data and events. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
USD/CAD "The Loonie" Forex Market Bullish Heist PlanDear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (1.45100) then make your move - Bullish profits await!" however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 1.48000 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, Sentimental Outlook: 🟣 Fundamental and Macroeconomic Analysis US Dollar (USD): The USD remains strong due to the Federal Reserve's hawkish stance. The Fed has signaled potential rate hikes or prolonged higher rates to combat inflation, which supports the USD. Recent US economic data (e.g., strong labor market, resilient GDP growth) reinforces the Fed's tightening bias. Upcoming US CPI and PPI data will be critical. Higher-than-expected inflation could further boost the USD. Canadian Dollar (CAD): The CAD is influenced by oil prices (Canada is a major oil exporter). Crude oil prices have been volatile due to geopolitical tensions and OPEC+ production cuts, but recent stabilization around 80−85/barrel provides some support. The Bank of Canada (BoC) has paused rate hikes, citing slowing inflation and economic growth. This dovish stance weakens the CAD relative to the USD. Canada’s upcoming employment and GDP data will be key. Weakness in these metrics could further weigh on the CAD. Key Drivers: Interest Rate Differential: The Fed’s hawkishness vs. the BoC’s dovishness favors USD strength. Oil Prices: A sustained rise in oil prices could support the CAD, but current levels are not enough to offset USD strength. Economic Data: Strong US data vs. weaker Canadian data could widen the USD/CAD upside. 🟢 Commitments of Traders (COT) Report The latest COT data shows: Commercial Traders (Hedgers): Increasing long positions in the CAD, suggesting they expect some CAD strength or USD weakness in the medium term. Non-Commercial Traders (Speculators): Net long on USD, reflecting bullish sentiment toward the USD. Retail Positioning: Retail traders are heavily short on USD/CAD, which often acts as a contrarian indicator, suggesting further upside potential for USD/CAD. 🔵 Market Sentiment and Positioning Sentiment: The market is broadly bullish on the USD due to the Fed’s stance and strong US economic data. The CAD is viewed as vulnerable due to the BoC’s pause and reliance on oil prices, which are not currently providing enough support. 🟤 Positioning: Institutional investors are net long USD/CAD, aligning with the fundamental outlook. Retail traders are net short, which could lead to a squeeze higher if the USD continues to strengthen. 🔴 Market Sentiment and Positioning: COT Data: Non-commercial traders (speculators) are net long on USD, reflecting bullish sentiment. Retail traders are net short on USD/CAD, which often acts as a contrarian indicator (bullish for USD/CAD). Institutional Positioning: Institutional investors are net long USD/CAD, aligning with the fundamental outlook. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤗
Long
by Thief_Trader
2
USD/CAD "The Loonie" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at anypoint, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 2h period, the recent / nearest low or high level. Goal 🎯: 1.44850 (or) Escape before the target Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ The USD/CAD pair is expected to move in a bullish trend, driven by several fundamental factors: US Economy: The US economy is expected to grow, driven by a strong labor market and increasing consumer spending. Canadian Economy: The Canadian economy is expected to slow down, driven by a decline in crude oil prices and a decrease in housing market activity. Interest Rate Divergence: The Federal Reserve (Fed) is expected to keep interest rates steady, while the Bank of Canada (BOC) is expected to cut interest rates, which could lead to a widening of the interest rate differential between the two currencies. Commodity Prices: Canada is a major commodity exporter, and a decline in commodity prices could hurt the Canadian economy and support the USD. UPCOMING NEWS: US Retail Sales: The US retail sales for July are expected to increase by 0.3% monthly, which could lead to a strengthening of the USD. Canadian Retail Sales: The Canadian retail sales for July are expected to decrease by 0.2% monthly, which could lead to a weakening of the CAD. US Consumer Price Index (CPI): The US CPI for July is expected to increase by 0.2% monthly, which could lead to a strengthening of the USD. Canadian CPI: The Canadian CPI for July is expected to decrease by 0.1% monthly, which could lead to a weakening of the CAD. Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
1
USDCAD Best sell opportunity in 5 years!The USDCAD is standing on unique grounds as it is just below the 9-year Resistance Zone and is consolidating. Last time it hit this Zone was on the week of March 16 2020 and as you can see it got brutally rejected. Both the January 18 2016 and March 16 2020 tops have similar 1W RSI patterns and after their rejection, the price's first stop was on the 0.236 Fibonacci level. As a result, our Target is 1.26000 on this unique long-term sell opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USDCAD SELL | Idea Trading AnalysisUSDCAD is moving on Resistance zone.. The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
5
USD/CAD "The Loonie" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade at any point, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 1.46500 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
USD/CAD "The Loonie" Forex Market Heist Plan on Bullish SideHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist USD/CAD "The Loonie" Forex Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
USDCAD scalp short on exhaustion reversal As always, we like to keep it clean and simple, with technicals and analysis that's easy to see and understand. Let's get into it: 1. Wave 5 exhaustion on mult timeframes 2. Overbought 30m/1h/1D 3. Shooting star candle printed on 1h Analysts note that USDCAD is trading within a rising channel since late September, recently peaking at 1.4178. The bullish momentum suggests potential for further gains, but short-term corrections (ie. why we're scalping) are common as traders take profits and reassess positions. Market Sentiment and Data Releases: With key U.S. and Canadian employment data released recently, markets may experience volatility as traders digest the information. This can often lead to short-term corrections as the market adjusts to new economic indicators. Be Alert. Trade Green.
Short
by JC7USA
USDCAD top of Channel Up rejection. Strong sell.The USDCAD pair has been trading within a long-term Channel Up pattern since the July 14 2023 Low and on Monday it hit its top (Higher Highs trend-line) and got rejected. This is a similar peak to November 01 2023, with the 1D RSI turning downwards as well on an early sell signal. Initially, we expect at least the 1D MA200 (orange trend-line) to be tested, so our Target is 1.37300. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
2
USD/CAD "The Loonie" Bank Money Heist Plan on Bearish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰 This is our master plan to Heist USD/CAD "The Loonie" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Near the Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰. Entry 👇 📉: Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point. Stop Loss 🛑: Recent Swing High using 30m timeframe Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Short
by Thief_Trader
USDCAD Approaching our sell entry.The USDCAD pair has been rising since the September 25 Low, all inside a 2-year Rectangle pattern of a wide range. The 1D RSI is about to enter the 70.00 overbought zone and every time it has done so within this pattern, a little later it got rejected to at least the 1D MA50 (blue trend-line). As a result, we will wait until 1.38500 and sell, targeting 1.36000 (which would be a -1.86% decline from the top, the minimum from the group of similar declines) or take the profit if the price hits the 1D MA50 before 1.36000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USDCAD Prepare for red October - November.The USDCAD pair hit both of our Targets on the July 25 (see chart below) sell signal: The initial rebound stopped on the 1D MA50 (blue trend-line) where the price was rejected with the 1D RSI forming a pattern similar to May 2023. As a result, it is possible to see another short-term rebound but on the medium-term, we expect October and November to be another sell sequence. The March - July 2023 fractal had two similar Bearish Legs of -4.10% each. So since the current first Leg was -3.64%, we expect the one that will follow now to be of around the same strength. As a result we can target 1.32000 on low risk, just above the Support 1 level. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
USDCAD Buy opportunity on extremely oversold RSIThe USDCAD pair hit both of our targets on the sell signal we gave a month ago (July 25, see chart below) as it is currently on a 4-week red candle streak: We now start switching to a bullish medium-term strategy as we get clear signals of a pending trend reversal. The price isn't only on the 0.618 Fibonacci retracement level from Support 2 but the 1D RSI also hit the oversold bottom level of the December 26 2023 Low. As you can see on this chart, every time the 1D RSI broke below the 30.00 oversold barrier in the past 12 months and reversed even a little, the USDCAD pair bottomed on the medium-term and targeted Resistance 1. Even the smaller April 14 2023 reversal (which wasn't from an oversold RSI) targeted the 0.618 retracement level. As a result, we apply a two tier buy entry, one now and the 2nd at the less likely event the price approaches Support 1 (-5.40% decline, the most it had on a 2-year basis). In both cases, our Target is 1.37500 (0.618 Fib). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
USDCAD Approaching the most optimal sell level.The USDCAD pair is on the 2nd strong green 1W candle, following the rebound on the 1W MA50 (blue trend-line) and is approaching Resistance 1 (1.39000), the October 30 2023 High. This is technically the most optimal sell opportunity on a 1-year basis. The short-term Target is the 1W MA50 (blue trend-line) on a potential contact with the 0.382 Fibonacci retracement level at 1.36450. Target 2 is at 1.34500 (marginally above the 0.618 Fib), which will be a -3.23% ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
USDCAD Bearish trend intact. Not too late to sell.The USDCAD pair gave us a wonderful sell trade on our last analysis (April 17, see chart below) as we caught the exact moment of the rejection and reversal of the 4-month bullish trend: The price has now broken below not just the (dotted) Channel Up but closed below the 1D MA50 too, confirming the trend shift to bearish. As you can see on this 1W chart, the pair always declined more following a break below the 1D MA50 and the minimum drop it has has been -3.23%. As a result, our 1.34500 Target remains intact. A Bearish Cross on the 1W time-frame may confirm an even deeper drop. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot