USDCAD - CONSOLIDATION
Updated
Generally, the direction is uptrend
Uptrend Side: The price has traded above 1.3786, which supports further upward movement to test 1.3842. A break above this level could lead the price to reach 1.3885.
Correction: the price will fall to touch the 1.3786.
Downtrend Side: the price should make a strong correction to the bottom, then cross the 1.3786, 1.3736, and 1.3662 to start the bearish trend.
Tendency Keys: 1.3786
Uptrend Side: The price has traded above 1.3786, which supports further upward movement to test 1.3842. A break above this level could lead the price to reach 1.3885.
Correction: the price will fall to touch the 1.3786.
Downtrend Side: the price should make a strong correction to the bottom, then cross the 1.3786, 1.3736, and 1.3662 to start the bearish trend.
Tendency Keys: 1.3786
Trade closed: target reached
The price rose and stabilized above 1.3842, thus will reach the next resistance level of 1.3885.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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