#USDCAD - H1
📣 Upon analyzing the 1-hour timeframe, with the break of the downward trend around the 1.3735 level, one can consider buying with a target of 1.3830.
⛔ Stop loss: 1.3680
On the other hand, if the 1.3680 level is broken, there is a potential for a price decline towards the 1.3600 range.
⛔ Stop loss: 1.3735
Please note that this is a hypothetical scenario based on the information provided. It's essential to perform your own analysis and consider other factors before making any trading decisions.
📣 Upon analyzing the 1-hour timeframe, with the break of the downward trend around the 1.3735 level, one can consider buying with a target of 1.3830.
⛔ Stop loss: 1.3680
On the other hand, if the 1.3680 level is broken, there is a potential for a price decline towards the 1.3600 range.
⛔ Stop loss: 1.3735
Please note that this is a hypothetical scenario based on the information provided. It's essential to perform your own analysis and consider other factors before making any trading decisions.
Trade closed: target reached
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.