USDCAD will FALLING to support line
During the previous forecast, we opened a buy trade and this trade is still valid - the price continues to move up.
Here are some more examples of my previous forecasts for this pair, so that you understand how the price moved before. The price was not be able to break through the line and returned at the resistance level. Pushed off the support level and came back to the strong resistance line.
And then, from the resistance level, it fell to the resistance line.
As I said - then she began to work out our buy trade - leaving the support line in growth. And now we see that the price bounced off the intersection of the two support lines. This is a strong area, as one of the lines has existed since 2019. The second since June 2020. This gave the price a strong impetus for growth.
Therefore, now I expect that the price will touch the resistance line, after which it will reverse and fall back to the strong support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Here are some more examples of my previous forecasts for this pair, so that you understand how the price moved before. The price was not be able to break through the line and returned at the resistance level. Pushed off the support level and came back to the strong resistance line.
And then, from the resistance level, it fell to the resistance line.
As I said - then she began to work out our buy trade - leaving the support line in growth. And now we see that the price bounced off the intersection of the two support lines. This is a strong area, as one of the lines has existed since 2019. The second since June 2020. This gave the price a strong impetus for growth.
Therefore, now I expect that the price will touch the resistance line, after which it will reverse and fall back to the strong support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.