Greetings Traders this is my analysis for USDCAD and it is long.
We can see on the chart that the price is heading for a downtrend and touched the Support Line.
From there when the price touches the Support Line we can open a Long Position.
On the indicator we can see that the price is preparing for a uptrend to the Horizontal Resistance Line 1 .
From the Support Line we can open a position for a Long movement.
Traders make your own analysis before trading
Please leave a Like,Comment and Follow :)
Thank you!
We can see on the chart that the price is heading for a downtrend and touched the Support Line.
From there when the price touches the Support Line we can open a Long Position.
On the indicator we can see that the price is preparing for a uptrend to the Horizontal Resistance Line 1 .
From the Support Line we can open a position for a Long movement.
Traders make your own analysis before trading
Please leave a Like,Comment and Follow :)
Thank you!