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TheSignalyst

USDCAD Long/Buy Idea

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TheSignalyst  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD Demand Zone support rejection trendfollowing buy
9
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trendanalysis chartpattern beyondta usdcad demandzone support rejection trendfollowing buy
USDCAD Long/Buy Idea

waiting for a momentum candle close above 1.312 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Trendline (in blue)
3- Demand/Support zone from Daily

Three confluences are enough to consider Buying USDCAD, after a break above 1.312 (in gray)
This analysis is done using RichTL
www.RichTL.com

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