USD/CAD Buy at market
USD/CAD chart
Levels
- Entry
- 1.41094 zone 1.41064 to 1.41124
- Stop loss
- 1.40640 45.4 pips from entry
- Target 1
- 1.41548 not reached
- Target 2
- 1.42002 not reached
- Target 3
- 1.42456 not reached
- Filled
- 1.41095 6 Nov, 17:01 UTC
One third of the trade closes at each target, and the stop moves to the entry after target 1.
Why this trade
This long USD/CAD market order is generated by a mechanical rule buying when the 4-hour 20 EMA crosses above the 50 EMA. The crossover triggered with the fast EMA at 1.40088 against the slow EMA at 1.40044. Historically, this specific strategy has a negative track record on USD/CAD, averaging -0.11R. The signal also fires late in a strong session, with the pair already up 116 pips today (185% of ATR), approaching R3 resistance at 1.41272. The trade is invalidated if price drops to the stop loss at 1.4064, placed roughly 1.5 ATR away and just below R2 support (1.4075).
ChartPrice structure on the chart: trend, levels, volatility.
About the strategy: EMA 20/50 crossover
The most common strategy in our Pine library (moving-average crossovers: 251 scripts, 6,083 GitHub stars; for example the Simple EMA20/50 Cross strategy). On 4-hour bars, buy at market when the 20 EMA crosses above the 50 EMA and sell when it crosses below. Stop 1.5 ATR from the entry, targets 1R, 2R and 3R; whatever is left closes when the averages cross back.
Caveat: Average per trade across the 11 instruments tested (7 FX majors, gold, silver, Bitcoin, Ether), costs included. Positive on 4 of 11 instruments (best silver +0.15R, worst USD/CAD -0.11R). Not tested on WTI or the Nasdaq 100.
The idea, explained: Moving averages and crossovers
Timeline
- Entry filled 1.41095
- Signal published 1.41071
- Reason added
- Confidence scored Score 42
Proof it was not edited
When this signal was published, its fixed fields were written to a record and fingerprinted with SHA-256. The fingerprint also contains the one before it, so a change anywhere breaks the chain. You can check it in your browser.
- Hash
- a4d04c332d5334beed9eceeb2e8aaaaa7e6c1e81762b779c4ccda4dc81dd8e50
- Previous hash
- 2129ec9b71081a7cf80ff077d8fa1dcf16dcecaa1c9ca09ecdd535a7d08dd36a
Show the signed record
{"v":2,"symbol":"USDCAD","side":"buy","order_type":"market","timeframe":"4h","strategy":"pop_ema_cross_4h","source":"data","oco_group":null,"entry":"1.41094","zone_lo":"1.41064","zone_hi":"1.41124","sl":"1.40640","tp1":"1.41548","tp2":"1.42002","tp3":"1.42456","created_at":"2026-11-06T17:01:02Z","expires_at":"2026-11-06T17:16:02Z","max_close_at":"2026-12-04T17:16:02Z","risk":"high","prev_hash":"2129ec9b71081a7cf80ff077d8fa1dcf16dcecaa1c9ca09ecdd535a7d08dd36a"}
Risk High Risk
- Track record: flagged
Its rule was not profitable after costs in every period we tested.
- Type of trading: passed
Swing trade, not a scalping or news trade.
- News: passed
No high-impact release was due while the order waits or in its first 4 hours.
- Costs: passed
The spread is a small share of the stop distance (under 10%).
High Risk means at least one check flagged this trade. Size it smaller, or skip it if you only follow Cautious signals. The tag was set when the signal was published and is part of its signed record.
Copy the prices
Place it yourself in your own platform. This is a practice signal, not advice. How to copy a signal
- SymbolUSDCAD
- OrderBUY AT MARKET
- Entry1.41094
- Stop loss1.40640
- TP11.41548
- TP21.42002
- TP31.42456
This trade is already live. A new entry now would not match the published one.
Open in your platform
This trade is already live, so there is no order to place at the published entry. You can still follow it on your chart.
- Open the chart in TradingViewTradingView has no link that fills an order. Open the chart, then add the levels with the Pine Script below.
- Paste it into TradingView’s Pine Editor and click Add to chart: the entry zone, stop and three targets appear on your own chart.
Position size
lots
Lots = amount you risk, divided by the loss if the stop is hit. Contract sizes: forex pairs 100,000 units per lot, gold 100 oz, Bitcoin and Ether 1 coin, WTI crude 1,000 barrels, US100 1 per index point. Brokers differ, so check yours and adjust the contract size. Rounded down to 0.01. Position sizing explained
Confidence
The strategy has a negative tested record on USD/CAD, and entering long after a 116-pip daily surge risks buying into exhaustion.
Signals scored 40-49 have won 49% of 47 closed.
Confidence is a score from 0 to 100 given by an AI model. It is checked against how signals in the same band really ended, so treat the measured rate as the evidence, not the score. Reading a track record