(Long-Term Trade) USDCAD is a Bullish trend. It was confirmed after the breakout of the HH. The chart pattern shows it's a Bullish Flag in weekly chart.
(Weekly Chart) Last Projection perform between May-21 to Oct-22, That's why its long term trade not for short term.
The entry point is HH Break Out
SL is last HL
TP is SL range
Projection is also can be considered as TP2
(Weekly Chart) Last Projection perform between May-21 to Oct-22, That's why its long term trade not for short term.
The entry point is HH Break Out
SL is last HL
TP is SL range
Projection is also can be considered as TP2
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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.