U.S. Dollar / Canadian Dollar

Long

Updated

Bullish UsdCad to be triggered with a buy stop

USDCAD was expected to test the previous high but by the looks of things, it seems more bullish meaning retesting the previous high will be a struggle. We will trigger a buy stot on the high that was recently formed and watch how it plays out, but we will buy if it gets to 1.27922

Note

Bullish candles keep popping up. this is a good sign of a bullish piar.

snapshot

Note

With too many sellers getting in and trying to take over, we took partial profits.

snapshot

Trade closed: target reached

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Also on:

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.