FullTimeTrader
Long

USDCAD-D1-finishing correction

FX:USDCAD   U.S. Dollar/Canadian Dollar
1314 4 29
Hello, last move to the downside appears to be corrective. Right now price is reacting near the strong level 1.400
Other reasons for a long bias:
1) ema 55 as support
2) bullish hidden divergence
3) stochs oversold
4) engulfing bullish candle
5) near trendline support
I will enter long here with SL and targets shown on chart.
Best regards

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell. Always do your own analysis and plan before opening a trade.

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Thank you .
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Thanks good to see your post again
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Yes, it's really nice to see you come back sir!
I thought most of the people are grateful for your sharing like me. All the best for you!
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Nice analysis, agree with you!
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