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VasilyTrader
Mar 21, 2022 11:21 AM

USDCAD: Potential Pullback Trade 🇺🇸🇨🇦 Long

USD/CADOANDA

Description



USDCAD is consolidating within a narrow horizontal trading range on an hourly time frame.

To buy the pair with a confirmation wait for a bullish breakout of the resistance of the range.
You need an hourly candle close above that to confirm the breakout.

They buy aggressively or on a retest.
Your goal will be 1.2668

In case the price breaks the support of the range,
the setup will be invalid.

❤️Please, support this idea with like and comment!❤️

Comment

Check my new idea on USDCAD:
Comments
Gustavo1111
You longed exactly in the spot that you needed to short, normal
VasilyTrader
@Gustavo1111, thank you for comment bro)))
ForexTrendline
Thanks for sharing, nice charts
AbubakarSharif
USDCAD still bearish and this is something I posted it while back.
VasilyTrader
@AbubakarSharif, good analysis!
UnitedSignals
Cheers, bro!
VasilyTrader
@UnitedSignals, thank you brother!!!
Lingrid
Interesting view! Thanks for sharing!
VasilyTrader
@Lingrid, you are welcome Lingrid)))
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