USD/CAD 1DAY AND 4H ANALYSIS
ANALYSIS ON 1DAY AND 4H CHART.
1.Price running around range.
2.Short term downtrend formation.
3.Resistance at current price.
BOTH LONG AND SHORT OPPORTUNITY AT CERTAIN PRICE LEVELS.
SHORT-Shorting opportunity with strict SL at supply zone,with first target at demand zone and another target if breakdown happens at lower levels.
LONG- Buying opportunity above supply zone,if breakout happens.
THIS IS MY FIRST FOREX ANALYSIS. ALL THE PUBLISHED IDEAS ARE FOR MY OWN ANALYSIS JOURNAL PURPOSE. TO KEEP TRACK OF MY ALL ANALYSIS I PUBLISH IDEAS AND THEY BEAR NO INVESTMENT ADVICES.
REGARDS
JUST A NOVICE ANALYST
1.Price running around range.
2.Short term downtrend formation.
3.Resistance at current price.
BOTH LONG AND SHORT OPPORTUNITY AT CERTAIN PRICE LEVELS.
SHORT-Shorting opportunity with strict SL at supply zone,with first target at demand zone and another target if breakdown happens at lower levels.
LONG- Buying opportunity above supply zone,if breakout happens.
THIS IS MY FIRST FOREX ANALYSIS. ALL THE PUBLISHED IDEAS ARE FOR MY OWN ANALYSIS JOURNAL PURPOSE. TO KEEP TRACK OF MY ALL ANALYSIS I PUBLISH IDEAS AND THEY BEAR NO INVESTMENT ADVICES.
REGARDS
JUST A NOVICE ANALYST
#Rule1 Never lose your capital. Focus more on preserving capital than making profits.