TradingAxis

USDCAD > tHe Momentum Is to The Upside!!

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
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Analysis of #USDCAD

Hello friends.

the momentum on this pair might be changing to the upside, but guys it still early to call it uptrend.

I am looking for a buy and my plan:


FIRST PLAN:
>> wait for the market to retest resistance turned to support
>> drop one timeframe look for signs of reversal and confirmation
>> execute my plan with a good risk to reward trade for potential 110 pips trade

SECOND PLAN:
>> wait for the market to break above resistance
>> drop one timeframe continuation pattern and confirmation
>> execute my plan with a good risk to reward trade for potential 90 pips trade

let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

_____________________________________________________________________________⠀
-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
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Comments

let me know when you press the trigger
Reply
I guess we have a similar view on that. Well done!
Reply
Very good content on your page! Keep up the good work. In regards to USDCAD we have similar views:

I can see the price hitting the $1.30 level in the future, but waiting for this pullback to finish first.
Best regards.
Reply
Went through your recent ideas, love the charts, my man!🔥 Followed, will check you every day from now on👍🏼 Good luck, buddy!
Reply
TradingAxis Investroyllc
@Investroyllc, appreciate the kind words , thank you.
Reply
Planning system are just awesome
Reply
TradingAxis MirandaSimandl
@MirandaSimandl, thank you man
Reply
nice one here
Reply
TradingAxis Fisher_Fx
@Fisher_Fx, thanks a lot
Reply
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