USDCAD SELL PROJECTION We can see price has touched our low probability POI but I would specially prefer it to touch the 1D POI for strong sell.
USDCAD trade ideas
USDCAD LONGSWeekly: Current candle broke previous low. However, it didn't close below.
Daily: Bullish
4h Bullish
Area of interest
Psych quarter level 1.35250
NOT buying USDCADThe USDCAD price has moved into the Daily sell zone, which suggests the possibility of new sell positions entering the market, potentially driving the price down. In the case that the zone is broken, there is a high likelihood of further price increases (which, in my opinion, is less likely).
For those looking to short, I would recommend looking for a simple breakout pattern on lower timeframes and participating accordingly. BUT make sure to wait until after the NFT news and observe what market will do with price.
Good luck, and stay cautious, don't forget it's Friday!
check the trendThe uptrend is expected to continue up to the specified resistance range. Then, according to the behavior of the price in the resistance range, the continuation of the movement process will proceed according to the specified paths
USDCAD H4 I Bullish Reversal Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.3535, which is a pullback support
Our take profit will be at 1.3570, which is an overlap resistance level close to 78.6% Fibo projection
The stop loss will be placed at 1.34943, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCAD SETUP for shorts OANDA:USDCAD market direction is bearish once we break out the bullish trend we're most likely to see an impulsive move to the downside.
USDCAD SELL | Idea Trading AnalysisUSCAD is moving in a descending channel, We expect the decline to continue after the dynamic resistance is retested.
USDCAD is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
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 🤝
USD CADTHIS IS MY SETUP FOR USD CAD
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
USD/CAD "Loonie" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist USD/CAD "Loonie" Bank 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 Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : 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..... 🫂
USDCAD (H1) - Probable Next Move.Trade Reason:
1. Weekly Down Trend.
2. H1 Base & Order Block Aria.
3. H1 Strong Bearish Pinbar.
4. Touch Daily EMA20 Resistance.
Hello Friends!
I hope it will touch the "1.35093" level then it can make some corrections. After her correction, it has more chances to touch the "1.34957" level. But if it create counter setup, then close it instant.
Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation.
…Thank you…
USDCAD BUY ENTRY CHARTHere we are looking at a BUY CONTINUATION on this Pair, as the USD as shifted its trend to the upside,and CAD has shifted to its originated trend, now on USDCAD, trend is UP, and price is sitting on a DEMAND, we have additional confluences to this signal, with a LTF comfirmation. you can add to watch-list if this matches with your idea
USDCAD- Trend Continuation Trade IdeaA simple Sell strategy at the 0.71 Fib levels. Bearish FVG aligns with the entry and I'm expecting a continuation in the bearish trend after the retracement.
My expectation is a simple 1:2.45 RR and will start trailing my SL to BE when I reach 1:1
Entry: 1.35405
SL: 1.35899
Target: 1.34197
Happy trading and Good Luck guys!
USDCAD - Long Hiiyyaa, we are looking at USDCAD for a buying opportunity around XXXXX zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at XXXXXX support and resistance area.
Trade safe, Roe.
Had to happenTriple top broke down the ascending trendline. The test failed. Now is going back down to the demand zone. SL triggers if a weekly candle closes above the trendline breaking back.
Bullish bounce?USD/CAD is falling towards the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.3461
Why we like it:
There is an overlap support level which aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.3420
Why we like it:
There is a pullback support level.
Take profit: 1.3536
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCAD, BUY IDEAI am technically bullish on USDCAD, on H4, the price has been rejected at the shown order lock, and thus confirming the continuation of the previous bullish trend. I am expecting the price to surge higher to the buy side liquidity as indicated in the chart, we also have a bearish order block at my target level, and thus increases the chances of the price moving up further. Fundamentally, The ADP Nonfarm employment change(sep) data release has come out bullish 14k(Actual), against a forecast of 124k. Therefore, technically and fundamentally USDCAD is bullish. This is not a financial advise, its a trading idea, apply proper risk management. Always remember that risk management is our SUPER POWERE here. like, comment and share your opinion in the comment section
USD/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.374 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
Possibility of uptrend It is expected that after some fluctuation and correction, the continuation of the downward trend will be formed If the price crosses the resistance range, the downward trend will be canceled and the continuation of the corrective and upward trend will be possible.
USDCAD BEARISH SHORT OUTLOOKi would like to get your guys input on this projection.
any one is welcome to share their thoughts on this
USDCAD (H4) - Probable Next Move.Trade Reason:
1. Weekly Down Trend.
2. H4 weak bearish.
3. H4 OB Aria.
Hello Friends!
I hope it will touch the "1.34958" level then it can make some corrections. After her correction, it has more chances to touch the "1.34636" level. But if it create counter setup, then close it instant.
Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation.
…Thank you…
USDCAD H4 | Bearish Reversal Based on the H4 chart analysis, wait for price to pullback to our sell entry at 1.3500, which is a pullback resistance.
Our take profit will be at 1.3443, a pullback support level close to 78.6% Fibonacci retracement.
The stop loss will be at 1.3543, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
usdcad shortUSDCAD broke the support at 1.3487. I will open a short position from here to the lower support. What do you think?
usdcad shortUSDCAD broke the support at 1.3487. I will open a short position from here to the lower support. What do you think?
