LONG - CADSGD SL: 1.02185 (Suggested by our algorithmic system) TP: 1.03394 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price is on multiple support levels
2. Stochastic showing bullish crossover on oversold level
3. RSI bullish divergence and close to oversold.
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline Red Dotted Line: Broken Resistance Trendline Blue Solid Line: Support Trendline Red Solid Line: Resistance Trendline Blue Rectangle Box: Support Level Red Rectangle Box: Resistance Level Blue Arrow Line: Bullish Divergence Red Arrow Line: Bearish Divergence Purple Vertical Line: Suggested Stoploss by our algorithmic system Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/f4KbGQn (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Trade closed manually
Our app has closed this trade at 1.02973 for a 95.5% profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.