#USDCAD - H1
📣 Upon analyzing the 1-hour timeframe, with the break of the downward trend around the 1.3735 level, one can consider buying with a target of 1.3830.
⛔ Stop loss: 1.3680
On the other hand, if the 1.3680 level is broken, there is a potential for a price decline towards the 1.3600 range.
⛔ Stop loss: 1.3735
Please note that this is a hypothetical scenario based on the information provided. It's essential to perform your own analysis and consider other factors before making any trading decisions.
📣 Upon analyzing the 1-hour timeframe, with the break of the downward trend around the 1.3735 level, one can consider buying with a target of 1.3830.
⛔ Stop loss: 1.3680
On the other hand, if the 1.3680 level is broken, there is a potential for a price decline towards the 1.3600 range.
⛔ Stop loss: 1.3735
Please note that this is a hypothetical scenario based on the information provided. It's essential to perform your own analysis and consider other factors before making any trading decisions.
Trade closed: target reached