USDCAD Has found support at Dec. 3rd lows. There are several signals that are pointing to an upcoming bounce. Let's take a quick look:
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- USDCAD had a very strong decline and stopped at Dec. 3rd low prices. This is marked yellow on the chart.
- We have a Morning star pattern that formed on the last three closed candles.
- The MACD is curving up with a bullish crossover, histogram moving in favor of the bulls.
- Price is hovering around the lower end of the Bollinger Bands.
- RSI is coming out of oversold.
- A bounce can be expected after these signals show up. Target is marked purple on chart.
- Gray dotted line marks the stop loss.
Thanks a lot for reading.
Remember to hit LIKE if you enjoyed this information.
Namaste.
Nota
Going as planned.Trade chiuso: stop raggiunto
Trade chiuso: obiettivo raggiunto
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💯 TOP Results (Sept 2026) 👇
t.me/masteranandatrades/9279
🔥 10-25X Leverage, Results & Profits
t.me/masteranandatrades/9271
✅ 4 PREMIUM Telegram channels special offer
—One-Time Payment! (🔝 since 2017)
t.me/lamatrades/4
t.me/masteranandatrades/9279
🔥 10-25X Leverage, Results & Profits
t.me/masteranandatrades/9271
✅ 4 PREMIUM Telegram channels special offer
—One-Time Payment! (🔝 since 2017)
t.me/lamatrades/4
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.