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Leo-btm
Apr 2, 2023 12:32 PM

USDCAD, Can the bulls take it from here Long

USD/CADOANDA

Description

USDCAD / 1D

Hello traders, welcome back to another market breakdown.

USDCAD is trading in a bullish trend. The price now is having a deep-pull-back which I think is a good opportinity to long for a swing trade.

The price is around the breakout point which very often acts as support. I'll be looking for a reaction from this level.

Tarde safely,
Trader Leo

Comment

No confirmation yet. Also Macro doesn't support the idea now due to OPEC cutting Oil production.
Comments
FOREXN1
Thanks for sharing mate !
Leo-btm
@FOREXN1, Welcome
DAY_PROFITS
Interesting Idea here , thanks !
Leo-btm
@DAY_PROFITS, Welcome mate
ProjectSyndicate
excellent trade setup
Leo-btm
@ProjectSyndicate, Thanks for the support
EliteTradingSignals
Move up ahead!
Leo-btm
MonoCoinSignal
Detailed analysis, thanks for the thoroughness
Gold-Tech
I think you got the key elements right. Great perspective on the market)
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