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TheTradersAvenue
Oct 6, 2021 7:25 AM

USDCAD > Trend Continuation Setup for A Buy!! Long

USD/CADOANDA

Description

I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.

Analysis on #USDCAD

Here we have the market trying to hold on above 1.2600 level, also trendline support

The plan:

as you can see the market formed a double bottom at the trendline support level and if the market breaks and closes above the neckline which by looking at the market it seems it will, then I will look for a trend continuation entry to target the next level of resistance.


Please do not hate for my trading plan and I always thank you so much for the time you spent here.

Check today's analysis below


>>“ luck is when preparation meets opportunity."
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Comments
ForexTrendline
great chart!
financialflagship
Nice chart, keep up the good work. 😊
TopTradingSignals
Lets see where oil goes lol
VladimirRibakov
Interesting analysis, here is my view on USDCAD:
ShawnMCR
Solid chart
ProjectSyndicate
always spot on sharp technicals
TheTradersAvenue
@ProjectSyndicate, Thank you. I appreciate your support.
MMBTtrader
great job and detailed one thanks for sharing
TheTradersAvenue
@MMBTtrader, thanks a lot bro that means a lot
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