Usdcadtrade
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 short trade idea UPDATES!!Still holding my short bias on USDCAD after been stopped at break even on Friday, we are getting a nice reaction from that 1.27300 retracement area showing that it is holding some sort of significance. At the start of the week I will be watching price and trying to get into the best opportunity I can to hopefully catch the large move to the downside.
USDCAD PENDING LONGS 📉📉📉Bullish market structure on HTF D1/H4, as i told in last posts i would like to LONG USD this week, i will look for long entries around 1.26500 wherre we have a bullish orderblock h4 and an imbalance fill, if there is no entry there i would look for longs around 1.26000 psychological barrier we have over there bullish orderblock and imbalance as well.
CAD is weak due USOIL being bearish.
What do you think ? Comment below..
USDCAD is following its higher targetsThe candlestick pattern shows a weakness in bullish trend, a short-term rest is expected for USDCAD. The level 0.61 of Fib-Ret will be the next target at 1.29784. According to Chart Patterns, an ascending triangle would be detected at the mentioned level. Final target could be at 1.37. Please share and enjoy trading!
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 SHORT POSITIONS TAKEN!Hoping to see price continue to the downside from around current area. Would have liked price to make more of a corrective move but I'm expecting weaker USD so hopefully we can just move from here. Remember always manage risk and never let you emotions dictate your decision making!
USD/CAD BULLISH NOW.......
💹USD/CAD ⏬BUY STOP @ 1.23232
✅TP-1# 1.23463
✅TP-2# 1.23801
⛔️SL 1.22844
N.B- USD/CAD CREATE BEARISH BUTTERFLY PATTERN.
SO,IF BREAK 1.22700 SUPPORT ZONE.THEN THIS ENTRY INVELID.
📊 Trade Accuracy 75% 📊
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Dear Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad to you.
Thursday: USDCAD - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Wednesday: USDCAD - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
USD/CAD wit ha nice chance to BUY!Hey tradomaniacs,
the previous breakout of the primary trendchannel could continue and confirm the trendchange!
Technically a great chance to buy, even though fundamentals can still be tricky!
LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT!
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UsdCad- Can it drop to 1.15?For UsdCad the trend is not only down, but aggressively down.
At this point, the pair is in 1.2 important zone support, a support that held in 2015 and 2017.
The daily structure is a rectangle that suggests continuation.
If 1.2 is broken to the downside, the pair can drop to 1.15 psychological support or even to 1.13 technical one.
A short trade at this point also can have a great risk:reward ratio