USDCAD BULLISH ??
On the H4 timeframe, the candlesticks are currently positioned between the middle and lower Bollinger Bands. This suggests an early signal that the price may have reached its daily low. Additionally, the absence of further bearish momentum after the pullback indicates that the downtrend could be losing strength. Based on this analysis, I would consider placing a buy order.
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.
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.