TradingView
Official_VIFX
Nov 2, 2021 6:06 AM

USD/CAD - 02/11/2021 Short

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD (H4) - Still not left this consolidation but price is showing very bullish. I will still be waiting for the break of 1.24030 to look for anything major but we do potentially have a nice trade for a small R that we can take up to resistance.

USD/CAD (M15) - Price has broken out of resistance of 1.23847 if we get price retesting this level then we have a 18 pip rang where we could squeeze a 1:2 up to that H4 resistance but we need that retest first.
More