USDCAD new Idea. looking forward to seeing USDCAD take out the new liquidity created fill in the imbalance, mitigate the supply zone above, before we start selling off.
Usdcadshort
Usdcad Short 17th August 2022We have seen a clear bearish structure on the usdcad and we have seen also a confirmation by a reaction on the first OB and we are now looking to see the market fall from this supply zone and push price lower!!
USDCAD - Daily Trade Idea - 17-Aug-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
SHORT ON USD/CADPrice has taken out liquidity from the highs and is now falling... uptrend structure has been broken on the lower timeframes (5 and 1min)
Price is also in a overbought state on the rsi and is now starting to fall to grab liquidity from all support areas.
Entry 1.28950
Stop loss = 1.29440 49 PIPS
Take profit = 1.27741 120 PIPS+
USDCAD | BEARISH TRENDUSDCAD - 1HR - 1D - TECHNICAL ANALYSIS
The bulls tried to continue higher, but the bearish keeps taking control. Creating lower lows and lower highs.
🛎️🛎️ USDCAD 1H PROJECTIONUSDCAD is in A Down Trend From Previous Days . And Now The Market Has Reached the ORDER BLOCK ZONE . Grabbing Some Liquidity Above Inducements . So Now we are Expecting The Market to Fall From Here
USDCAD analysisFor usdcad analysis, I can say that there is more possibility of fall and decline
So I will wait for the price to go up
And I am waiting for a sell position in a good range
USDCAD ! Broke through Support Zone, time to short 1.28500 ~ 128000 It was a very important key level for a short term. In the short term, it is moving back to the downtrend.
USDCAD - Daily Trade Idea - 15-Aug-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
USDCAD - Daily Trade Idea - 12-Aug-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
USD/CAD short signal!USD will weaken as the ppi today was negative than predicted. So its going to hit major support zone 1.26000.
USDCAD H4: Bearish outlook seen, further downside below 1.2840On the H4 time frame, prices broke its previous ascending trend line where we could see further downside risks. A pullback to the resistance zone at 1.2840, in line with the support-turned-resistance area and Fibonacci confluences could see a reversal below this zone to the support zone at 1.2680. Prices are holding below the 50 EMA as well, supporting the bearish bias.
USDCAD - Daily Trade Idea - 11-Aug-22USDCAD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
