Get started
Piptera-Digital-Solutions

USDCAD H4 TIMEFRAME ANALYSIS (BUY) 220 PIPS TARGET

Long
U.S. Dollar / Canadian Dollar (FOREXCOM:USDCAD)  
Piptera-Digital-Solutions  
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis usdcadlong usdcadh4 usdcadforecast usdcadanalysis usdcadsetup usdcadlongsetup
0
0
trendanalysis indicator beyondta usdcadlong usdcadh4 usdcadforecast usdcadanalysis usdcadsetup usdcadlongsetup
We expect to buy this pair because new Jerusalem Ultimate bands is indicating a support level and there are early signs of reversing backwards. There is a strong bullish pull back awaiting the market opening to manifest. Our target in this one is 220 pips in profit and our risk to reward ratio is 1:3R The entry and exit points are as indicated on the chart. After we hit 220 pips in profit the New Jerusalem Ultimate bands Indicator is suggesting that there will be a massive sell pressure in two weeks to come in such a way that the world will wonder how the USD will start falling massively against the CAD. Probably we might experience the semi-crash during this move. Under this forecast we expect that you will manage your capital wisely and take control of your trades. Wish you much success in this one. Don't over trade.
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.