USDCAD: Your Trading Plan For Next Week Explained 🇺🇸🇨🇦
https://www.tradingview.com/x/UAAEqXG8/
USDCAD nicely bounced from a key intraday structure support yesterday.
The price reached a resistance line of a falling parallel channel.
I believe that the pair has a nice growth potential.
To confirm that, I will be waiting for a bullish breakout
of a resistance line of the channel.
4H candle close above that will confirm a violation.
A bullish movement will be expected then at least to 1.373
Alternatively, a bearish breakout of the underlined support may push the prices lower.
❤️Please, support my work with like, thank you!❤️
USDCAD nicely bounced from a key intraday structure support yesterday.
The price reached a resistance line of a falling parallel channel.
I believe that the pair has a nice growth potential.
To confirm that, I will be waiting for a bullish breakout
of a resistance line of the channel.
4H candle close above that will confirm a violation.
A bullish movement will be expected then at least to 1.373
Alternatively, a bearish breakout of the underlined support may push the prices lower.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.