USD/CAD BUY call based on Support and Resistance analysis
Support and Resistance are found out by checking out Monthly and weekly Time frame first as shown in the Chart
As we can see a respect for support (bullish candle on support) so its a buy call having SL2 as a Stop Loss.
Buy call--> Entry 1.24622
SL=1.2292 at S2
As we can see a respect for support (bullish candle on support) so its a buy call having SL2 as a Stop Loss.
Buy call--> Entry 1.24622
SL=1.2292 at S2
Note
TP2 hit at 1.25680Go for TP2
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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.
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.