USDCAD BREAK OR BOUNCE?
Pair: USDCAD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle
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Key Takeaway: Mainly bullish for USD but due to strong resistance, this trade could go either way. We are either looking for breaks of resistance trend line or bounce, keep bias open and opinion open for any possibility
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Level needed: need a close by —
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Trade: NEUTRAL
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle
—————
Key Takeaway: Mainly bullish for USD but due to strong resistance, this trade could go either way. We are either looking for breaks of resistance trend line or bounce, keep bias open and opinion open for any possibility
—————
Level needed: need a close by —
—————
Trade: NEUTRAL
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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