TradingView
ForecastCity_World
26 feb 2021 20:09

It's a great buy opportunity in USDCAD Lång

U.S. Dollar/Canadian DollarFXCM

Beskrivning

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2590). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.

Take Profits:
TP1= @ 1.2730
TP2= @ 1.2775
TP3= @ 1.2880
TP4= @ 1.2992
TP5= @ 1.3173

SL= Break below S2

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Kommentarer
Best_Forecast
well done
ForecastCity_World
@Best_Forecast, Thank you 🌹
TopTradingSignals
there is a horizontal resistance level there as well!
ForecastCity_World
@TopTradingSignals, Thank you for your comment. We appreciate it 🌹
Zaks_ForexRules
Really good
ForecastCity_World
@Zaks_ForexSignals1, Thank you for your comment. We appreciate it 🌹
Henry_Ross
Great idea!
ForecastCity_World
@Henry_Ross, Thank you 🌹
Josef_anderson
I always enjoy your ideas.
ForecastCity_World
@Josef_anderson, Thank you for your comment. We appreciate it 🌹
Mer