🔰 USD/CAD — We will see more bearishness 🔰 🔻 USDCAD Daily Candle closed same as DXY as a Doji — If you noticed Price traded to the Upside respecting the Order Block ( OB ) that is has given last night then dropped down to create another Lower Low ( LL ) — Another Doji Candle will give us a further space to the downside
🔹 Our major Support from here is 1.2500 Zone then to 1.2400 Level
🔹 We are under Bearish market unless we see a price trading above 1.2700 which is too far from here
✅ Oil + DXY will help the price drop more - as we aim to short this pair in the upcoming sessions ( London + New York )
🔔 We will trade USDCAD when the DXY is trading lower as right now the Dollar Index Trading at our Support Zone
Ucad
🔰 USD/CAD — Is Bearish for the week but we could have pullback🔻 USDCAD Weekly Candle closed bearish after a Doji Daily Candle - The market will face a bearish movement
🔹 Our major Support from here is 1.2500 Zone
🔹 As long as the price is trading below our red dot line will remain Bearish
✅ The next bearishness likely to come from Oil + DXY which they are dropping from last night ( This is the Liquidity for USDCAD Pair )
🔔 USDCAD is only bullish when the DXY is going up
🔰 USD/CAD — Daily Update 🔰🔻when the DXY has no significant movement, the USDCAD moves slowly as the price printed Doji on the Daily Time Frame
🔹 The next Support is 1.2500 below our Bearish Target
🔹 The next Resistance from here is 1.2800 — Target ( Current Resistance ) will get tested if the DXY is Bullish
🔔 We need Volatility from DXY and Oil to move USDCAD
🔰 USD/CAD is Facing Bearishness Market 🔰🔻 USDCAD Daily Candle closed Bearish after a Doji close = means a Bearishness market is coming soon — we need a strong DXY to get a bearish support for USDCAD
🔹 USDCAD Support from here is 1.2500
✅ The next bearishness might come from Oil + DXY which they are dropping from last night
My guess on ucadYou will hate me for that, but thats my guess for the next 4 weeks of ucad, to me its very likely that we extend the current downtrend, QE will push the usd further down, no matter what politicans say,
as long as Jerome Powell isnt saying he wants the dollar to rise, the dollar will not rise
Stocks and bonds may rise, the dollar wont, thats my guess so far, we will see how it develops ... we ll keep an vigilant eye of those bigger moves
1st Option highlited is a short continuation to the downside followed by a strong consolidation phase
2nd Option highlited is a longer move down till february, which may be could be interrupted by 1 or 2 consolidation phases
Of course there is always a probability for other developments, thats why we constantly track whats happening in front of us!
Usd / Cad chance to drop 100pips!Usd / Cad chance to drop 100pips!
In the last analysis I described USD / CAD is under the downward trendline.
tradingview.sweetlogin.com/proxy-s3
during the week the price has been directly below the trendline and has broken the validation line to sell.
then I will run my trading plan to start selling with SL and TP according to the picture.
Usd / Cad Is it time to resale?Usd / Cad Is it time to resale?
When you look at the pattern like the one I described, it will seem that the price will continue to fall into the buy area, but is this true?
if you see the previous history, I made a buy transaction in this history
tradingview.sweetlogin.com/proxy-s3
and at this time the price seems not to continue the opportunity to go up again, I see there is still a chance to go down.
I will take this opportunity when the price breaks the validation to sell line with a target that can be quite deep. when are these opportunities? let's wait for the next few days, hopefully this trading plan can be executed.
USD/CAD could move DOWNHey tradomaniacs,
this is my plan for next week!
If the bullish sentiment continues and the stockmarket + CRUDE climbs I will short USD/CAD after the fakeout of this trendchannel.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/CAD BUY SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
USD/CAD: Day-Swingtrade-Execution
Market-Buy-Order:1,34980
Stop-Loss: 1,34120
Target 1: 1,35760
Target 2: 1,36440
Target 3: 1,37300
Stop-Loss: 88 pips
Risk: 1%
Risk-Reward: 2,65
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)