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U.S. Dollar / Canadian Dollar
Long
Updated

Buying analysis USDCAD

187
We got more evidence telling us the market might be stronger for buys. As you can see, we got a demand zone within the fibonacci. Adding that to the fact that we're currently in a uptrend tells me that the two trendlines are most likely just manipulation. I can also see some more evidence on a lower timeframe but that will be to complex for this timeframe:)
Note
Tp1: 12695
Tp2: 1.2717
Tp3: 1.27515
Tp4: 1.2777
Note
It was moving slow so i took the profits
CyberFxTrader
Chart PatternsForexGAINTechnical IndicatorskeylevellevelmoneypriceactiontradertradingviewTrend Analysis

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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.
Chart PatternsForexGAINTechnical IndicatorskeylevellevelmoneypriceactiontradertradingviewTrend Analysis
CyberFxTrader

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.