girolamoaloe

USDCAD - waiting to buy in the deep of the demand level.

FX:USDCAD   U.S. Dollar/Canadian Dollar
I am looking to buy USDCAD             if the price will move down more, going in the deep in the demand level . Nested inside the demand level drawn in the weekly chart, I have 2 demand levels in the daily chart . The highest one has been tested many times. My focus is on the lowest demand level .

I marked potential entry points on the chart to buy this currency, I am more comfortable, for reason of risk, to enter my buy trades in the lowest ones, if it will be possible and later to sell high in the fresh supply following the Trading Plan.

What do you think abut this currency?

Thank you

Girolamo Aloe
good chart -thanks. lets check an evening closing day vs ema13 on weekly chart.
if it will be close under ema13 -first target is 1.2686 as minimum===imho
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