Here we notice wyckoff distribution(15min) tested with another Re-distribution on the (3 min) for the reason of 3min OrderBlock with imbalance. Now expected to test the 3min extreme POI over the 5min recent POI. Lets see how its play.
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
Based on fibonacci levels and EXTENSTION we predict that usdcad should touch 1.0500 in next one and half year
USDCAD has broken a 4H supply area and is going down to fill those big daily imbalances. Before going downwards it is trying to catch some orders, It will probably do it in the upcoming new york session. So this is a sell limit to get in the rally with BIG PLAYERS to make some profits.
Entry- 1.29353 Target a. 1.28029 b. 1.27000 c. 1. 25687
PAIR NAME : USD/CAD Direction : Short Timeframe : 4H
Usd cad almost 1. 1.5 target hit short trdae Soo any how mistake pleazz tell us
Usd cad is must short trade 4 hour time frame rejction wait for a closinge candle
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
After 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
price taking out highs and breaking structure lower, setup repeated on 1 m timeframe. until the significant high is broken, shorts can be taken
Wait for the 1.2951 level breakout down' after entering the sell position Target 🎯1.2919
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
Hello 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...
Clean break in trend, with imbalance can look for short.
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
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 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