Daniel.Dalo
Long

USDCAD - Outlook for next week

FX:USDCAD   U.S. Dollar / Canadian Dollar
154 0 1
Waiting next week opening for a bounce off the demand level at 1.1250. Setup is Long:

- Entry at 1.12525 (to cover the spread)
- Stops at 1.1221
- First target is at 1.1320

I like this setup because on the higher timeframes there is no fresh supply near current price and the overall trend is bullish , so it's a nice opportunity to enter the uptrend, at least until next 30 min supply level , just above our first target.

Good luck and happy weekend!
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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