Trading Bullish - Ranging shape
As you can see from the analysis the indicators:
○ RSI: Touched the Lower Level.
● Stochastic: Touching the lower level.
○ Bollinger Bands: Near Aproach of Lower band.
The drawings show more information as there's a range tool showing only a few hundred pips support and resistance area. Otherwise saying fundementally USD is going bullishh making other major fiat currencies bearish, Canada is stronger & above in the chain of ranked volatility. So as a currency fighting over each I recognise this to be a bullish trade.
○ RSI: Touched the Lower Level.
● Stochastic: Touching the lower level.
○ Bollinger Bands: Near Aproach of Lower band.
The drawings show more information as there's a range tool showing only a few hundred pips support and resistance area. Otherwise saying fundementally USD is going bullishh making other major fiat currencies bearish, Canada is stronger & above in the chain of ranked volatility. So as a currency fighting over each I recognise this to be a bullish trade.
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