Get started
VladimirRibakov

USDCAD Buy Idea

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
VladimirRibakov  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis USDCAD buy Hidden Bullish RSI Divergence Bullish Divergence Trend Line Break
4
1
trendanalysis usdcad buy hiddenbullishrsidivergence bullishdivergence trendlinebreak
D1 - Price respected the uptrend line and is moving higher, we have hidden bullish divergence.

There is a good chance that the price might move higher until it reaches the alternative trend line again.

H4 - Price broke above the downtrend line, bullish divergence.

We may now look for more bullish evidences and start looking for buys.
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.