Trade ideas
USDCAD DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 1.2727 with targets at 1.3072 & 1.3236
Alternative scenario
If price goes down 1.2727 look for 1.2521 & 1.2407 as targets.
Supports and resistances
1.2521 & 1.2407
1.3072 & 1.3236
USDCAD: EXPANDED FLATAfter a strong rally , USDCAD currency pair has formed an Expanded flat structure and is likely to trade lower in its wave-c in the coming trading sessions. Go short on cmp with SL of 1.30800 and look for the tgt of 1.28500
USDCAD based on trend and smcprice taking out highs and breaking structure lower, setup repeated on 1 m timeframe. until the significant high is broken, shorts can be taken
USDCAD ANALYSIS Wait for the 1.2951 level breakout down' after entering the sell position
Target 🎯1.2919
USDCAD ANALYSIS It's time to sell support level trend line breakout after entering the trade and another of 1.2950 price level breakout after entering the sell position
Target 🎯1.2919
USDCAD Trading Plan - 16/Jun/2022Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go DOWN after finishing correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
USDCAD DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 1.2678 with targets at 1.3072 & 1.3236
Alternative scenario
If price goes down 1.2678 look for 1.2521 & 1.2407 as targets.
Supports and resistances
1.2521 & 1.2407
1.3072 & 1.3236
USDCAD DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 1.2678 with targets at 1.3072 & 1.3236
Alternative scenario
If price goes down 1.2678 look for 1.2521 & 1.2407 as targets.
Supports and resistances
1.2521 & 1.2407
1.3072 & 1.3236
USDCAD 4H chart looks bullishUSDCAD 4H chart looks bullish
TP 1 > 1.26632
TP 2 > 1.27
On applying Fibonacci retracement it show a accurate resistance level at 1.27 may be looks bearish after hit the 50% level of retracement
USDCAD sellUSDCAD sell
entry 1.25410
tp 1.24900
sl 1.25640
USDCAD on a down trend. check the chart for the Trend. hope this goes well. this is my idea for USDCAD
USDCAD VIEWEntry 1 is in Equal high , Better avoid and enter in 2 nd supply zone entry
Bos is there
Imbalance is there
USDCAD sell in 30mins or 1 hour USDCAD is in the selling zone and has formed a downward flag so, it might possibly gives a 200 to 400 pips in bearish momentum
USDCAD Sell trade opportunitiesUSDCAD Sell trade opportunities
USDCAD currently bearish trend and is expecting to breakout if it closes below the support area with a very strong Bearish candle then market will be further moving into a bearish phase after confirmation of a breakout wait to retracement then enter in sell trade with a very good risk rewards
"Always trade with Stop Loss"
USDCAD LONG POSITION Entering a long position in USDCAD
Analysis is based on smart money concept using basic trading knowledge.
USDCAD "4H" and "1H"'Hello , traders
If you like this type of strategy .. please like and follow .. thanks
USDCAD "4H" and "1H"'Hello , traders
If you like this type of strategy .. please like and follow .. thanks
200-DMA tests USDCAD bears ahead of Canada GDPUSDCAD bears keep reins around a five-week low, attacking the 200-DMA ahead of the key Canada Q1 GDP. Given the likelihood of a softer growth number, as well as considering nearly oversold RSI, the Loonie pair may rebound from the stated moving average surrounding 1.2660. In a case where the quote refrains from respecting the RSI and the DMA, the 61.8% Fibonacci retracement of October 2021 to May 2022 upside and an upward sloping support line from late 2021, respectively near 1.2585 and 1.2500, will be important to watch during the additional south-run.
Meanwhile, recovery moves may initially aim for the 1.2700 threshold and then the 1.2760 hurdle before challenging a 13-day-long resistance line surrounding the 1.2800 round figure. It’s worth noting that the USDCAD pair’s run-up beyond 1.2800 won’t hesitate to challenge March’s high of 1.2900 and December 2021 peak close to 1.2965.
To sum up, USDCAD bears battle with the key support and may retreat a bit should the scheduled data disappoint.
usdcad broken structure ...usdcad broken structure ...looking for pullback and a sell entry from poi
USDCAD ANALYSIS OVER H4 CHART.USDCAD is moving in downward trend and looking for selling opportunity in usdcad.
USDCAD Trading Plan - 25/May/2022Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
