Sell usdcadBig sell coming
Reaching the bigest strong supply level
Just wait to confirm and retest then enter in sell Minimum target 800 pips
USDCAD trade ideas
Daily CLS, HTF FVG, Model 1Daily CLS, HTF FVG, Model 1
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
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This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
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USDCAD - LONG 1- HH and HL
2- consolidation phase
3- price more likely to go up and test weekly resistance level
USD/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
USD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.418 area.
✅LIKE AND COMMENT MY IDEAS✅
USDCAD Is Attempting To Break The Trend!!Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.43600 zone, USDCAD is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 1.43600 support we will be looking for a potential retrace of the trend towards more downsides.
Trade safe, Joe.
Key Support in Focus: USD/CAD Downside Ahead?USD/CAD Analysis (4H) :
USD/CAD is forming a bearish wedge pattern, with price breaking below the ascending trendline. The pair is currently testing a support zone near 1.4350. If this level fails, further downside toward 1.4200 is expected.
RSI also signals weakening momentum, supporting the bearish outlook. Watch for a confirmed breakdown for potential short setups.
check the trendIt is expected that the correction will form in the upward trend and the price will move according to the specified path. After the completion of the corrective pattern, the continuation of the upward trend will be likely
USDCAD printing a descending channelUSDCAD in bearish trend, printing a descending channel. Sell with a sell stop at the breakout
USDCAD: Triangle Formation Poised for a BreakoutUSDCAD appears to be consolidating in the form of a triangle pattern. Based on my wave count, the pair is currently completing Wave D within the structure. And, after Wave E concludes and there is a confirmed break above Wave B, I anticipate further upward movement.
Triangles often signal a pause in the market before a continuation of the prevailing trend. In this case, the bullish breakout scenario aligns with the broader market dynamics.
Should monitor the completion of Wave E and watch for a decisive breakout above the resistance formed by Wave B, as this will confirm the upward trajectory and provide an opportunity for long positions.
USDCAD_30MCanadian dollar in the short term The market is correcting downwards and can return to the rising wave We are in the rising wave of buyers Support number 1.43800 Margin and target 1.45100
USDCAD: HTF DT OPPORTUNITYThis is an UPDATE to the previous analysis.
Read the notes from the previous analysis (see link below)
Due to yesterday's BIG NEWS regarding lower USD interest rates, PA on this pair spiked to the upper Resistance (distal) before showing signs of the DT we anticipated earlier.
HIGH TIMEFRAME DOWNTREND
Pivot High @ 1.46685
Resistance, Major @ 1.4463
Resistance, Major @ 1.4209
SLO2 @ 1.4536 ⏳
SSO1 @ 1.4270 ⏳
SLO1 @ 1.4188 📉
TP1 @ 1.3763
TP2 @ 1.3337
TP3 @ 1.3024
TP4 @ 1.2539
Support, Minor @ 1.33858
Support, Major @ 1.32522
BLO1 @ 1.2422 ⏳
BLO2 @ 1.2140 ⏳
Pivot Low @ 1.2007
USDCADUSDCAD ( U.S Dollar / Canadian Dollar )
Symmetrical Triangle as an corrective pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 123 " Impulsive Waves
Change of Characteristics
USDCAD Price has been bullish. Looking at the M1,W1 we can see a breakout of a consolidation.
After every breakout a retest is expected which is done as seen in the 4h.
I'll be okay to place a buy if price shifts from bearish to bullish.
USDCAD Analysis: Bullish MomentumThe USDCAD pair has been extremely bullish lately, which is why it caught my attention. We can see multiple breaks to the upside, indicating a strong trend. Despite expecting a potential pullback in the near term, the overall trend remains very strong. This is why I have entered a position on the 1-hour timeframe.
Using the WiseOwl Indicator, we can see that it has been capitalizing on the trend with previous wins of +3.96RR, +7RR, and +5.42RR. Currently, we are in a risk-free trade with the stop loss set at breakeven (BE).
The EMAs (20, 50, 100, 200) are all aligned to support the bullish trend. Let's see how this plays out! 💪
USDCAD (4D) HIGH-RISK OPPORTUNITY, DTA Cautious Downtrend Retracement in an Upward Trend
The USDCAD pair is currently experiencing a short-term retracement within a longer-term uptrend. While the overall trend remains bullish, it's important to exercise caution as we approach key support and resistance levels.
Key Levels to Watch:
Pivot High @ 1.4238
Resistance, Major @ 1.4209
SLO2 @ 1.4188 📉
SLO1 @ 1.4087 ⏳
TP1 @ 1.3894
TP2 @ 1.3733
TP3 @ 1.3614
TP4 @ 1.3430
BLO1 @ 1.3386 ⏳, minor support
BLO2 @ 1.3279 ⏳, above major support
Support, Major @ 1.3252
Pivot Low @ 1.32286
Trading Strategy:
Consider buying or taking long positions below 1.3386.
Be aware of the potential for a sharp reversal.
Maintain a bullish bias.
Be prepared to adjust your position based on market developments.
Risk Management:
A tight stop-loss order is crucial to limit potential losses.
Manage your risk by avoiding over-leveraging your positions.
Remember, technical analysis is a valuable tool, but it's not foolproof.
USD/CAD -Volume Spread AnalysisHere is a perfect example of Pushing Up through Supply.
As shown, when up-trending markets experience the phenomenon created by Market Makers in which supply us introduced to the market. (Notice the Pivot Highs at 1.41942 and 1.41968 which are 4 pips apart) These levels of supply are known by the market makers and are used to lock in bullish traders.
As the market moves against the locked in traders we notice Ultra High Volume (UHV) shows up. As we analyze the volume it suggests professional supply has entered the market and is confirmed by the following Wide Spread and Excessively UHV.
This confirms the intention of the professionals to lock in bullish traders and create an over head supply zone. The following price movement has UHV as well but less than the previous bar and it also closes bullish but inside the larger UHV bar. Peculiar for a market that is doomed to fall to the abyss don't you think? Looking back to the previous 40 price bars we notice price held support above the level of the previous pivot low at 1.40926.
The supply diminishes from this point as price creates a Lower High (LH) then a Higher Low (HL). We also notice the spread bodies of the bars leading to the pivot low at 1.41304 are smaller than any other downward push since the consolidation period on the 10th of December.
This implies supply has diminished until we come back in contact with the supply created by the Market Makers. The UHV suggests supply is present. However, the next bar shows demand is also present and supply has suddenly diminished at the resistance as well.
Prices then proceed to "Push up Through Supply" volume diminishes and prices rise through the supply which is termed and "ease of movement". This is an aggressive BUY SIGNAL which implies prices will not come back to retest the previous area of resistance turned support known as the backup to the edge of the creek.
You have to be aggressive at these moments because prices will not return to the retest the structure as the handling maneuver is completed a as it leaves the re-accumulation area.
USD/CAD H1 | Falling to multi-swing-low supportUSD/CAD is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 1.4350 which is a multi-swing-low support that aligns close to a 38.2% Fibonacci retracement.
Stop loss is at 1.4290 which is a level that sits underneath a pullback support.
Take profit is at 1.4430 which is a multi-swing-high resistance.
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usdcad long/short conditional order
USDCAD LONG/SHORT
It is a conditional order
when we break down stop loss of long order wiil be trigged and short conditional order will be trigged
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
It is a conditional order
when we break down stop loss of long order wiil be trigged and short conditional order will be trigged
USDCAD 3 month BulltrainIs the massive bull run ever going to stop as USDCAD is at a 5 year high? 3 rejections after attempts to create new highs on the 1 HR chart. RSI is losing strength as the price soars above the 200 SMA. Will USD maintain this bull train or is there going to be a change of season after the holidays? SELL! SELL! SELL!
*Trading is Risky*
Any and all liability is claimed by the trader. Do not risk more than you are willing to lose. Do not take unnecessary risks and look before you leap.
USDCAD-SELL strategy 12-hourly chart GANN SQThe pair has attempted to climb back, but the cycle is still lower, is my humble opinion.
the stochastic and overbought status suggest lower levels to be seen.
Strategy SELL @ 1.4390-1.4430 and take profit near 1.4256.
USDCAD Rejected at 1-Year High, Targeting 1M PivotHello,
FX:USDCAD has reached a 1-year high of 1.446735, but has just been rejected at this level. Moving forward, we can expect a steady decline, with the 1-month pivot point as the initial target.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDCAD Will Move Higher! Buy!
Please, check our technical outlook for USDCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.437.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.445 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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