The pair is primed for a possible bullish movement according to my analysis.
Dollar is currently gaining strength after Demand Zone was transact. Technically: USDCAD, is likely to continue upward move until @1.38462 (where major liquidity is resting) 5 reasons+ is one of my rules to execute trades, here: - Imbalance - Liquidity - Major Key Level - Fibo (79%) - DXY Correlation
USDCAD can keep moving upward aggressively some correction is expected. we will keep a tight SL.
Preferred direction: SELL Comment: All of our previous trading ideas against the US dollar are currently fixed at take profit, however, we continue to adhere to the short-term priority of selling the US currency. At the moment, the USDCAD currency pair is one of the most promising for a short trade, since there is the fact of a rollback and, accordingly, a...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
📈 USDCAD Long Setup 📈 I'm identifying a potential long opportunity on USDCAD based on Elliott Wave analysis. 🔍 Wave Analysis: We’ve completed waves (a) and (b) with a current move up forming wave (c). The target for wave (c) is at 1.36625, with an extended target at 1.618 Fibonacci level around 1.37075. 🎯 Target: Entering long around the 1.36275 level, aiming...
BOS in 30 minute to the upside Price looks to be in an uptrend Taking this to previous high.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
Let's try to ride this upside movement projection yesterday we anticipated that USDCAD has to try to pull back before it continues going up. So now we ride along. Trade safely as we know about the dangers of the market.
We look to Buy at 1.36. This setup is based on the strong support at 1.36 and confirmation through a break above 1.365, indicating bullish momentum. Risk/Reward would be poor to call a buy from current levels without further confirmation. The measured move target is 1.369, which aligns with the 38.2% Fibonacci retracement level, often acting as a resistance...
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. Breaking the resistance trend line will confirm the upward trend
As price under movment on ascending channel expect to rise pls like for support thank you
Price has been rejected on the order block after the liquidity sweep of previous week low. Then on the lower TF we have created higher high with the displacement (FVG) which has been tested. I expect only smaller pullback down and run above the Mondays high in to the BPR or even above the trendline liquidity. Its potential +75 pips move. With nice RR depends on...
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3649 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.3707 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
Hello Everyone, To signal further downward movement, the USD/CAD pair must consolidate below the daily pivot point (1D PP). There's potential for a retest of the weekly pivot point (1W PP) as a resistance level, which previously held firm. TradeWithTheTrend3344
Wycoff Return to Previous Level Also bounce off Resistence USD is stronger on Indicators at the moment Lets see
buy buy buy looks like trend is going to reverse not financial advise
Sell USDCAD 1.3622 SL 1.3645 TP 1.3575 total 45 pips target with 23 pips SL