garciaohk

USDCAD H1 LONG PRICE ACTION FORECAST

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
After rejection from a strong support level , price action has formed a double bottom pattern at D1 timeframes, looking bullish technically speaking with MACD , also showing some bullishness. The pair allows the setup of a long entry with the following features.

The order:
Type: buy-limit
S/L: 20 pips - R:R | 1:3 -
T/P: next resistance level


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