USDCAD extends the week-start pullback from a three-week high inside an upward sloping trend channel established since late October 2021. Given the downbeat RSI and the bearish MACD signals, the Loonie pair is likely to remain pressured inside the bullish chart formation. However, the 100-DMA support near 1.2785 could challenge the bears. Also acting as a downside...
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I expect UCAD to go UP after finishing this correction.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can...
Trading Ideas-
Short positions below 1.3084 with targets at 1.2683 & 1.2518
Alternative scenario
If price sustain above 1.3084 look for 1.3234 & 1.3396 as targets.
Supports and resistances
1.2683 & 1.2518
1.3234 & 1.3396
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
USD ANY analysis
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"If you are not willing to risk the usual you will have to settle for the ordinary." --Jim Rohn
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
USDCAD bounced off its monthly low on Friday, approaching a convergence of the 100 and 50-SMA around 1.2960-65 at the latest. The recovery moves also gain support from the upbeat RSI, not oversold, as well as recently improving MACD signals. That said, the Loonie pair’s upside past 1.2965 needs validation from the 1.3000 psychological magnet before approaching the...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
Trading Ideas-
Long positions above 1.2818 with targets at 1.3075 & 1.3236
Alternative scenario
If price goes down 1.2818 look for 1.2686 & 1.2521 as targets.
Supports and resistances
1.2686 & 1.2521
1.3075 & 1.3236
USDCAD Buy Trade opportunity
USDCAD Buy trade opportunities It again retests the support line and made a strong Bullish candle its a good opportunity for a long with very good risk-reward
Can place the Buy trade above 1.2620 Area and Stop Loss Below the Support line
"Always trade with Stop Loss"
TF 30 min
SIGNAL 200 ema break
USE price action as well
PIVOTS Fibonacci
KEEP RR - 1:4 🎯
win rate - 70%
# note : wait for the pullback. If the candle is big enough... then no need to wait for pullback.
# keep SL a little above the entry candle
# the price respects the weekly fib pivots
# check for the overall trend on bigger tf - 1D , 4hrs
# avoid weak momentum...
USDCAD H4 update: Good opportunity for Long Sell, Price is running @ support area if it break the support then, we can expect bearish momentum till our final Target.
*** Follow Proper risk management ***
What is your view on this?
UCAD M30
Just after the BMS, we see that fvg that's freshly created and then the sloppiness of price to trade lower.
This implies to me that markets will return to fill in the gap before any sell continuation.
As markets begin to retrace we anchor our fibs from the the swing high that the move breaking structure originated from to the swing low newly formed....
Trading Ideas-
Long positions above 1.2818 with targets at 1.3234 & 1.3395
Alternative scenario
If price goes down 1.2818 look for 1.2521 & 1.2407 as targets.
Supports and resistances
1.2521 & 1.2407
1.3234 & 1.3395
