USDCAD: Potential Pullback Trade 🇺🇸🇨🇦
USDCAD is consolidating within a narrow horizontal trading range on an hourly time frame.
To buy the pair with a confirmation wait for a bullish breakout of the resistance of the range.
You need an hourly candle close above that to confirm the breakout.
They buy aggressively or on a retest.
Your goal will be 1.2668
In case the price breaks the support of the range,
the setup will be invalid.
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✅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.