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Usdcadsignal

USDCAD - Short Term Buy SetupHi everyone, I was watching this pair since too long and got some perfect trades in the past.. There are so many Reasons so buy this pair at the moment, One I showed up in this chart and other one I will post here in '' UPDATE '' Section. As you guys know I strongly follow supply and Demand zones, and almost 90% of the time the prices moves in same directions and obviously many reasons behind it . So I am watching an upward move so best of luck thanks..
Long
by Daniel-Malik
1
USDCAD right on major support, time to buyBuy above 1.2966. Stop loss at 1.2893. Take profit at 1.3164. Reason for the trading strategy (technically): Price is now testing major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (34,5,3) is seeing major support above 1% where we expect a bounce from. Traders Dynamic Index is crossing nicely above our signal line (red) and our channel (blue) signalling that a bounce is impending.
Long
by MEX_Exchange
USDCAD - Sellers bewareThe USDCAD swing trend has been a solid bear for days. However, that might be changing? resistance is broken and a lot of trending indicators are signaling a new buy signal. Is it time for the Bulls to have a run? I'm long @ 1.3240 with a stop just below 1.3200. I understand the risks associated with picking the bottom (or trying to pick the bottom) of a swing trend, but my indicator is pretty darn reliable, so we'll see :D No real news to worry about for a couple days.
Long
by riffster21