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U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD Long

218
Weekly & Monthly timeframe analysis. Daily signal, 1/4H entry. 1:4/5 RR ratio. News on Tuesday 1.30 pm UK time could change this.
Note
Stop loss at BE.
USD is very weak, but we could see this change with news approaching at 1:30pm
Note
Re-entered on the 1H timeframe after the CAD news
Trade closed manually
Took partials and left the rest at BE.
Price hit BE.

We now wait.
Note
Beautiful trade.

B-E was hit, but my analysis was right.
Spokentrvth
Candlestick AnalysisMultiple Time Frame AnalysispriceactionSupport and ResistanceUSDCADusdcadlong

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.
Candlestick AnalysisMultiple Time Frame AnalysispriceactionSupport and ResistanceUSDCADusdcadlong
Spokentrvth

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.