Get started
YertuntsTrader

USDCAD ! Broke resistance zone, Long trade idea.

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
YertuntsTrader Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadforecast usdcadanalysis usdcaddaily supply_and_demand supplyandemandzones supportandresistancezones Descending Channel
10
11
trendanalysis chartpattern indicator usdcad usdcadforecast usdcadanalysis usdcaddaily supply_and_demand supplyandemandzones supportandresistancezones descendingchannel
USDCAD 1.36 broke the zone of strong resistance. When the price pullback, you should open a long position.
Comment:
snapshot
The farther price moves away from a zone before returning to that zone, the greater the reward to risk and probability.
Comment:
Do not forget that if the price movement is strong, without pullback.

Related Ideas

YertuntsTrader
USDCAD ! It looks like a Head and shoulders pattern, short idea
YertuntsTrader
USDCAD ! Trading in descending channel, short trade idea.📉
YertuntsTrader
USDCAD ! Bullish momentum expected to continue
YertuntsTrader
USDCAD ! Broke through Support Zone, time to short
YertuntsTrader
USDCAD short trade idea back to 1.21
YertuntsTrader
Usdcad long trade in parallel channel
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.