Great support has shown and now time to get long on this!
Chart is shared only for the educational purpose
IF ITS NOT HAPPEN WAIT FOR A GOOD SHORT ENTRIES
Follow for more signal. When its break entry point and give a bullish candle then take buy
Price has formed a rising wedge Looking to enter short and with the profit target at the bottom of the pattern
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3333). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
usdcad gobble downtrend. try to sell every correction from this area. Aim is 1.27 over all downtrend check my previous my chart.
USDCAD Analysis: price is currently selling back towards support zone price 1.33585 it’s possible price May buy time test support 1 more time before selling long term 📈. BOTH BUY AND SELL OPPORTUNITY
GO SHORT ON USD CAD IF THE 4HR CLOSES BELOW RESISTANCE AND THE ONE HOUR OR 3O MIN REJECTS THE RESISTANCER BELOW THE 4HR SUPPORT
price is approaching weekly demand zone, it is also forming a bullish butterfly pattern in hourly timeframe
Manage your stop loss according to candlesticks (Price action)
SELL USDCAD @ 1.3585 TP1 : 1.3540 TP2 : 1.3480 slp 1.3625