The proposed trade is a long position on the USDCAD currency pair, aiming to profit from an anticipated appreciation of the US dollar against the Canadian dollar. Key Parameters: Entry Price: 1.33834 Stop Loss (SL): 1.33517 Take Profit (TP): 1.37047 Risk-Reward Ratio: The risk-reward ratio for this trade is approximately 1:1.4. This means that for every dollar...
Expecting a Long GBPCAD in the short term. Basic break of resistance and retest after break in the short term
Based on the Weekly, we are still bullish until the price breaks the 1.88528. The current price range from the daily candle formed on 20th November broken on the upside: This is indicative that the bullish move is bound to continue at least to the 1.95189 level. Entry @ 1.91456 SL @ 1.90049 TP @ 1.90049 I won't say good luck but good trading....no luck needed