USDCAD mark down phase (1H cycle)half bat man pattern + 4H shifting down red vectors + 4H mark down divergence + pins to the high , and below 800/50 ema. It has complete 3 levels to the upside and a touch of 4h 800 ema is possible + DXY is in mark down phase which further increases the probabilityShortby Aditya_Mishra1Published 0
BEARISH IDEA ON USDCAD H1 My USDCAD H1 Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.Shortby CELGIB_TRADINGPublished 0
Bull flag keeps USDCAD buyers hopefulUSDCAD grinds lower inside a bullish chart pattern. That said, the 50-DMA hurdle surrounding 1.3570 guards the Loonie pair’s immediate upside before highlighting the flag’s upper line, around 1.3620. In a case where the quote rises past 1.3620, the odds favoring a run-up toward the monthly high of 1.3976 and then to the 1.4000 psychological magnet can’t be ruled out. Following that, the theoretical run-up challenging the previous peaks marked in 2020 and 2016, near 1.4670, could be expected. Meanwhile, the 50% Fibonacci retracement level of June-October upside, near 1.3250, could restrict short-term USDCAD downside ahead of the tops marked in July and early September, near 1.3220 and 1.3210 in that order. Should the quote drops below 1.3210, the 1.3200 round figure will precede the stated flag’s bottom line, surrounding 1.3115, to challenge the pair’s further downside. It’s worth noting, however, that the bear’s dominance past 1.3115 won’t hesitate to recall August month’s low of 1.2727 to the chart.by MTradingGlobalPublished 0
Check USDCAD forecastHey guys, I found one setup for sell usdcad. there is one unmitigated orderflow as well with inner order block. so it must be react on that zone. Also currently price will take liquidity on inducement and it will sell from unmitigated order block. Two zone will react at least 50-100 pips or more. take trade wisely. Thanks.Shortby TradingPoint_Published 0
USDCAD BEARISH IDEAH&S has been formed already and in our previous analysis we made this clear, again the neckline of the H&S was broken which we previously traded it on retest. After this retest we expect the price it's low now however there were a raising trendline acting as support below after retest, if bears have the energy to push down then we'll reach the target of next support level of 2.30089. The FED's pivot is underway and the interest rate hikes is expected to be halt my the FED, this will cause more weakness to greenback.Shortby CELGIB_TRADINGPublished 2
USDCAD DAILY TECHNICAL ANALYSIS Trading Ideas- Short positions below 1.3562 with targets at 1.3204 & 1.2955 Alternative scenario If price sustain above 1.3562 look for 1.3806 & 1.3976 as targets. Supports and resistances 1.3204 & 1.2955 1.3806 & 1.3976 Shortby iigfm21Published 0
from monthly to m15 using smart money and retail baseWhat Is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analyses of a stock, commodity or other asset charts. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. KEY TAKEAWAYS Price action generally refers to the changes of a security's price over time. Different looks can be applied to a chart to make trends in price action more obvious for traders. This is especially true when analyzing data covering different time periods. Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are also calculated from price action and projected into the future to inform trades. Though many use price action to forecast future prices, prior price action does not guarantee future results.Longby rubanpaypal1Published 2
CADUSDI sell CADUSD because it break uptrend and makes a lower high and lower low.We saw a doji and good resistence at the entry point.by mawaisking904Published 2
CADUSDI sell CADUSD because it break uptrend and makes a lower high and lower low.We saw a doji and good resistence at the entry point.by mawaisking904Published 1
USDCAD Down Trend.!#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank YouShortby TRADiNG_Club_Published 5
USDCAD H1 Bullish ForecastUnited States Dollar vs Canadian Dollar USDCAD BULLISH H1 US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar. Technical analysis: We found several reasons for the USDCAD pricing to go high. 1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by bulls. 2. 1H TM raising trendline has been respected in the recent pricing in rows, after the second touch the price has printed a cup where the handle in process of making, from the end of handle we expect third touch of raising trendline where we'll enter our buying positions for our clients. The entry zone may be 1.33586 or 1.33523. Target1 There'll be resistance around 1.34088 this will be first target for short time traders and BreakEven for long time traders. Target 2 The 1.34994 area is next resistance for buyers once the first target is done.Longby CELGIB_TRADINGPublished 110
USDCAD Buy trade SignalUSDCAD Buy Trade Signal it's reverse the market from the major support area and recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart Always Use Stop LossShortby fxgreenpipUpdated 0
Usd/cad longBuy after rettracement on green line . Looks good top buy till resistance levels.Longby Indian_trader5454Published 110
USDCAD GOING DOWN Break of structure then Change of character ... And going down for a retest Shortby themotairekPublished 112
usdcad m15 possibility long usdcad m15 possibility long if price bear this level with volume and retestLongby uniquemailus123Published 1
USDCAD breakout from head and shoulder patternThe price has formed the head and shoulder pattern and finally it breaks out from the downside. A good position for selling. Target as shown in the chart.Shortby dikshachangotraPublished 228
USDCAD bears are far from taking control USDCAD posted the biggest daily slump in six years on Friday and pushed back the bulls. The bears, however, have a long way to cover before taking control as a 15-month-old rising trend line, around 1.3330 by the press time, defends the upside expectations. Even if the quote breaks the said key support, the 61.8% Fibonacci retracement of August-October upside, near 1.3200, appears the last defense of the buyers before finally welcoming the sellers. Alternatively, recovery moves need successful trading beyond 1.3500 to convince the USDCAD buyers. Even so, the 23.6% Fibonacci retracement level and the monthly high, respectively around 1.3680 and 1.3810, could challenge the upside momentum. Following that, multiple hurdles near 1.3840-50 will precede the yearly top surrounding 1.3980 to probe the bulls. If the pair rises past 1.3980, the 1.4000 psychological magnet and the 61.8% Fibonacci Expansion (FE) of September-October moves, close to 1.4135, should be in the spotlight. Overall, USDCAD may witness a bit of corrective due to the 50-DMA break but the downtrend is far from here.by MTradingGlobalPublished 0
USDCAD DAILY TECHNICAL ANALYSIS Trading Ideas- Long positions above 1.3397 with targets at 1.3976 & 1.4168 Alternative scenario If price goes down 1.3397 look for 1.3204 & 1.2955 as targets. Supports and resistances 1.3204 & 1.2955 1.3976 & 1.4168Longby iigfm21Published 0
USDCAD SELLINGThe price after passing through the accumulation phase moved along the upward phase and then distribution phase occurs. Prices are choppy, sellers prevail, and the end of the rally is near. In the mark down phase, our first target will be near about 1.33635Shortby dikshachangotraPublished 1
USDCAD buyers have a long road ahead as the key week beginsUSDCAD crossed a one-week-old resistance the previous day but stayed on the way to the first monthly loss in three inside a fortnight-long bearish channel. That said, the 100-SMA level surrounding 1.3725 acts as an immediate hurdle to test the pair buyers before directing them to the stated channel’s upper line, close to 1.3745 at the latest. Following that, there are multiple levels near 1.3840-50 which could challenge the upside move targeting a fresh yearly top, currently around 1.3980. It’s worth noting that the 1.4000 psychological magnet may offer an extra buffer to the north before giving control to the bulls. Alternatively, the resistance-turned-support near 1.3555 and a monthly horizontal support zone surrounding 1.3500-3495 could restrict the short-term downside of the USDCAD pair. Following that, the aforementioned channel’s lower line, around 1.3460, might act as the last defense for the buyers. It should be observed that September 22 swing low near 1.3410 and the 1.3400 round figure might check the bears ahead of directing them to the 61.8% Fibonacci retracement level of the September-October advances, at 1.3343. Overall, USDCAD consolidates monthly loss as traders brace for the key week including the Fed’s verdict, US NFP and Canadian employment numbers.by MTradingGlobalPublished 2
USDCAD Sell trade opportunitiesUSDCAD Sell trade opportunities Overall its a sell trend that recently breakout the short-term support line next prediction is will retrace some pips to test the resistance line as I mentioned in the chart or it can be moved down from this point to the next support line.Shortby fxgreenpipPublished 0
USDCADHello everyone. My idea about USDCAD is this due to the recent statements of Goldman Sachs about USA hidden - upcoming recession plus JP Morgan has the same forecast. Moreover, I see a structure of rejection from the resistance indicating huge orderblocks + a form of LH and LL as I depict with the arrows and trendlines. So, I will enter short in case of break and retest of the support zone with various TP levels.Shortby The_Forex_PathPublished 1
USDCAD RE-ACCUMULATION R:R 1:17This is for short term And this is risky too. Please DYOR before entering the trade.Longby SMC_WYCKOFF_TRADERPublished 2