USDCAD recently broke down the uptrend and retested the imbalance area. We can witness a smooth move of 240 pips taking. We will have to wait for price to settle down on Monday as we had NFP On Friday. If you like our work do not forget to follow and like the idea.
price is making HIGHER LOW follow the HL and wait for the price to get into Higher time frame SUPPLY ZONE we further look for LOWER HIGH & LOWER LOWS with good risk to reward we can enter the trade and aim for the recent HIGHER LOWs (marked in green zone)
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
This is for short term And this is risky too. Please DYOR before entering the trade.
This is risky Before entering the trade do your own research!
USD/CAD 01.08.2022 Major Points : 1.25250 : 1.24040
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
usdcad day trade... sell 1:3 risk.......... goodluck............. tele gram: veeran_vaalarivan
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area! in...
USDCAD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
if we break previous low if might get 1.2609 from the level 3 drop
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area! in...
USDCAD Short R/R: 1:4 Feel free to share your opinions in the comment!