USDCAD sell trade idea 19 10 2021
SELL USDCAD 1.2321
SL: 1.2351
TP1: 1.2301
TP2: 1.2281
TP3: 1.2261
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
SELL USDCAD 1.2321
Timeframe: H1
Step 1 - Previous News: USD: -, CAD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: USD: Housing data 2030hrs, FOMC members speaking Daly 2300hrs, Bowman 0115hrs, Bostic 0250hrs, Waller 0300hrs, CAD: -
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