TheAnonymousBanker

USD/CAD: Short Term "Buy the Dip" strategy!

Lång
OANDA:USDCAD   USA-dollar/Kanadensisk dollar
From a technical point of view,, the USDCAD pair is bearish in short term, but at the same time, we think a corrective structure "must" be triggered. With this in mind, the strategy is simple: "Buy the Dip" on the intraday chart (1H time frame).
On chart I have shown some potential targets that could be reached, but to understand which of these to look at, we need to follow the swing that will form (3 or 5 waves), so it will be necessary to follow and update this analysis (levels) along the way.

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Kommentera:
It's still in play....
Kommentera:
🔔 Resistance Area around 1.33
Trade stängt: målet nått:
✅Target 1 hit!
Kommentera:
💡 trend is still bullish...
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🔔 Now we're going to look for supports:
Kommentera:
🔔Target 2 still in play...
Kommentera:
Nice Pullback! Consolidation?

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By Anonymous Banker
A TradingView Fan since 2015
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