USDCAD- TREND ANALYSIS - 1 Hr's chart -Short first and then Long
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📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
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⏳ 1Hrs’s Chars
USDCAD- TREND ANALYSIS - Short first and then Long
Best to go Long after rejecting from the support line-
Target - 100 to 150 pips
Tagged Short - because it may go short first before heading north
KEY NOTE - SPECULATIVE SETUP - not a financial advise - Do your own analysis
Please use STOP LOSS and don’t risk more than 2% of your total account
Tagged LONG as I expect Gain first
📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 1.3078 fresh demand zone
± 1.3222 fresh supply zone
📒 Analysis / Trade Setup / Long and then short
± USDCAD 1 Hr’s chart
± Short-term Bearish # Long term-term bullish
± May hit the support level of 1.3080
± Head and Shoulder completed
± 1.3222 Very strong resistance
± Head and Shoulder, Trend analysis, supply and Demand zone area
± A touch down to support zone requires
± Go long for more pips only after confirmation only
± once we hit support area of 1.3080 - the price might reverse
± Long - TP - 1.32100
± Short TP 1.3080
± recommend to go LONG
± HAPPY TRADING
📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
📍 Frequent updates
📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks
📍Real time updates
⏳ 1Hrs’s Chars
USDCAD- TREND ANALYSIS - Short first and then Long
Best to go Long after rejecting from the support line-
Target - 100 to 150 pips
Tagged Short - because it may go short first before heading north
KEY NOTE - SPECULATIVE SETUP - not a financial advise - Do your own analysis
Please use STOP LOSS and don’t risk more than 2% of your total account
Tagged LONG as I expect Gain first
📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 1.3078 fresh demand zone
± 1.3222 fresh supply zone
📒 Analysis / Trade Setup / Long and then short
± USDCAD 1 Hr’s chart
± Short-term Bearish # Long term-term bullish
± May hit the support level of 1.3080
± Head and Shoulder completed
± 1.3222 Very strong resistance
± Head and Shoulder, Trend analysis, supply and Demand zone area
± A touch down to support zone requires
± Go long for more pips only after confirmation only
± once we hit support area of 1.3080 - the price might reverse
± Long - TP - 1.32100
± Short TP 1.3080
± recommend to go LONG
± HAPPY TRADING
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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.