FX_Trader_Analyst
Short

Getting paid for better entry- Short term Short - Long term Long

FX:USDCAD   U.S. Dollar / Canadian Dollar
Buy signal from 18.5 paid off quite well. Currenty trading at 1.24 leves - previous support zone now became resistance. Bearish pin bar at resistance levels supported by overbought Stoch on 4H chart suggest short term correction towads Fib 618 potentially Fib 50 levels around 1.224 - 1.228 levels.
This would be great chance to rejoin bullish trend from previouse days around 1.222 levels.

Conclusion:
Short term : sell at current leves with stop 1.255 looking for target at 1.222
Long term : Rejoin bullish trend at 1.222 levels
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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