As per price-volume analysis, It was noted that USD could be gaining some momentum while CAD might be losing some steam.
The probability of our setup is complemented by some Divergence on the H1 Chart as well as a current double bottom.
Our approach to this trade will be the following:
Possible Gain:
TP1: 140 pips
TP2: 225 pips
Possible Loss: 80 PIPS (x2)
Good luck :-)
The probability of our setup is complemented by some Divergence on the H1 Chart as well as a current double bottom.
Our approach to this trade will be the following:
Possible Gain:
TP1: 140 pips
TP2: 225 pips
Possible Loss: 80 PIPS (x2)
Good luck :-)
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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.
Disclaimer
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.