CAD Pairs - Page 29 - MyTradingLand.com

@godspowerdan - 9 hours ago

USDCAD buys towards IRL.

I have identified the liquidity resting above the current range and positioned myself for price to reach it.

I am treating this as a targeted bullish move rather than a reason to abandon my broader selling expectations.

Entry: 1.39612 SL: 1.39512 TP: 1.40144

My USDCAD trade has one clear objective: take out internal range liquidity.

I am focused on the upside for now. Once the liquidity is taken, I will reassess the structure and look for confirmation that sellers are ready to take control again.

One setup at a time.

Entry: 1.39612 SL: 1.39512 TP: 1.40144

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@godspowerdan - 9 hours ago

Quoted - godspowerdan

My USDCAD trade has one clear objective: take out internal range liquidity.

I am focused on the upside for now. Once the liquidity is taken, I will reassess the structure and look for confirmation that sellers are ready to take control again.

One setup at a time.

Entry: 1.39612 SL: 1.39512 TP: 1.40144

I am positioned for USDCAD buys, targeting the internal range liquidity above.

The interesting part of this setup is what comes afterwards. My intention is to capture the bullish move into IRL and then prepare for the next bearish opportunity.

I am not married to a direction. I am interested in where liquidity is resting and how price delivers towards it.

Entry: 1.39612 SL: 1.39512 TP: 1.40144

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@asuquokelvin - 9 hours ago

Quoted - godspowerdan

I have entered USDCAD buys with a clear objective: to take out the internal range liquidity (IRL).

This is a short-term bullish opportunity within the broader range. Once the IRL is taken, I will be looking for sells to resume.

Entry: 1.39612 SL: 1.39512 TP: 1.40144

Clear objective. Defined target. No unnecessary bias.

Usdcad still have the intent of pushing lower

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@godspowerdan - 7 hours ago

Quoted - asuquokelvin

Usdcad still have the intent of pushing lower

Yes it does, I am buying short term

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@asuquokelvin - 7 hours ago

Quoted - godspowerdan

Yes it does, I am buying short term

Okay, because I have been analysing it since yesterday and it missed my entry this morning, and gave a huge bearish move

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@godspowerdan - 3 hours ago

Quoted - asuquokelvin

Okay, because I have been analysing it since yesterday and it missed my entry this morning, and gave a huge bearish move

I got stopped out on usdcad

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@asuquokelvin - 2 hours ago

Quoted - godspowerdan

I got stopped out on usdcad

After price took you out it resumed it's buy again, but am still bearish on usdcad, yield is dropping, vix is the only thing confusing us here, if vix fall risky assets will gain strength again which will favour oil and more pressure will be on USD and the sells will continue, so that's how I picture it from fundamentals to the technical, but just waiting to see how it goes but that's my view on usdcad, the circle level is my reference point

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