FX:USDCAD CAD -NEWS USD-NEWS expecting high volatile in usdcad
Traders must wait for the price to cross the marked zone. Avoid market orders now. All the best.
USDCAD displays a bearish outlook as it breaks out of its ascending channel and rising wedge pattern. This technical analysis signals a potential short opportunity, with the breakout indicating a shift in momentum. Traders may consider short positions in anticipation of a continued downward trend in the USDCAD currency pair.
SELL @ 1.35007 TP @ 1.31814 SL @ 1.35196 Usd/cad is expected to move well due to the rate news
The Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370. Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.
Hey yall welcome back to another trade with FX:USDCAD with #ICT #OTE model here we can seee entry gonna tap and let see whats gonna cookin for us #LFG
USDCAD prints a three-day winning streak despite mildly bid Oil price, bracing for the monthly Canada inflation numbers within a seven-week-old rising wedge bearish chart formation. In doing so, the Loonie pair extends last week’s rebound from a 200-bar Exponential Moving Average (EMA) backed by the price-positive RSI conditions and a looming bull cross on the...
Clear sell stop order. DO NOT ENTER EARLY. Indicative break below the marked level will push the price down to the Target level. Waiting time is 10 hrs. All the best.
Red line plotted describes trend line resistance at higher timeframe. Blue square describes resistance at 4hr timeframe. Expecting false breakout then reversal. I'll be looking for candlestick pattern or Higher support level break for the entry.
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...
FOREXCOM:USDCAD 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 Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
We may see sellers at CMP or just above the level. Close the trade if price moving opposite direction. All the best.
Lets understand what I am trying to to here. There was a horizontal support which helped to move price up. Now if ita takes support cosidering trendline support as well then we can expect a short time upside move
possible USDCAD trade scenario enter with ltf confirmation if taken direct entry manage your risk properly 1:2-3 RR as this week is full of HIGH IMPACT NEWS enter at your own risk indicator based SMC approach. follow and like for more such setups
Trend was in downward direction. It tried to break the support of the initial uptrend. Price failed to move down. Now the new trend is started and should reach the high of the trend line. This is only for educational purpose.
It is created Q&M pettern and 4 hourrs cancle dominant breakout it will down side
Market structure has broken already. Looking for good entry now to gain big out of it. Please verify and trade logically.