DLavrov
Long

USDCAD Bullish Divergence

FX:USDCAD   U.S. Dollar / Canadian Dollar
The price bounced from 1.22500 level. RSI and a reversal candlestick pattern confirm price reversal. The bullish divergence gives a trend reversal signal. MACD supports upward movement. All these signals tell us that the downward movement is over and the market is going to move upward. Entry level is 1.24500 with stop orders at 1.22300 level. Profit targets are 1.28000 and 1.32000 resistance levels.
From 5000$ to 15000$ in 65 days of BTCUSD trading. An interview with my collaborator Oleg at Tradunity! Read it here: https://goo.gl/5FQU3X

Join TRADUNITY here: https://tradunity.com
Free Forex Signals: https://www.fxluxus.com
Looking forward to the entry level. Thanks for the good analysis.
Reply
I like this one as well. There may be a retracement to .618 of the move up, which would 1.23750 or so, but definitely bullish on this.
+3 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out