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USDCAD Plausible Setup

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After a heavy bearish period, USDCAD is in a prime area for longs. The US is struggling economically as a country, with presidential issues, a new presidential election, and a COVID. However, after last week and the news for CAD, I would not be surprised in weak CAD. Overall, I think CAD is going to be weak throughout all pairs, this links with the GBPCAD trade I also posted - specifically the short setup. As I always state, do not take a trade without confirmations. Do not predict what the market is going to, react to what it gives you.
Not
I meant long setup*
Not
Going well, bounce was just a 15-minute candle and so entry time frame was a short period.
İşlem kapandı: hedefe ulaştı

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.