USDCAD TRADE SETUP 24/8
USDCAD Daily candles formation with higher lows and higher highs tells us that the trend is up, price has reached a pullback zone between 1.25935 and 1.2512 where sellers are taking profit, a candle close above this zone may lead further bulls to 1.27870 resistance, a close below this zone would lead price to the next support at 1.24193.
My bias is bullish considering the Uptrend price formation.
Disclaimer: What I have shared above is not a financial or investment advice, it’s an opinion that could be helpful for educational purposes only, whatever trading decision you make is at your own risk.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.