We are currently looking for buying opportunities on USDCAD. This is because the pair has become bullish on multiple time frames.
We also see a breakout of a daily time frame trendline. When we look left, we can see the pair has been largely bullish
but in recent weeks and months we have seen a lot of correction and sideways movements. Could this be the trendline
breakout that might send USDCAD higher? Only time will tell. We will be looking to enter this trade and hold the position
for the next 3 to 4 weeks at 2% risk per trade.
We also see a breakout of a daily time frame trendline. When we look left, we can see the pair has been largely bullish
but in recent weeks and months we have seen a lot of correction and sideways movements. Could this be the trendline
breakout that might send USDCAD higher? Only time will tell. We will be looking to enter this trade and hold the position
for the next 3 to 4 weeks at 2% risk per trade.
Operación cerrada manualmente
Price moved as planned. Target was not reached but still turned out to be a good trading setup.Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
