Nova-Scalper

USD/CAD! 28/11 support zone BUY NOW

Long
Nova-Scalper Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
⭐️Smart investment, Strong finance

⭐️USDCAD INFORMATION:
The USD/CAD continues to decline for the third straight session, trading below the psychological level of 1.3600 during Tuesday's Asian session. The Canadian Dollar (CAD) receives some support from the rise in Crude oil prices and positive market sentiment.

Currently, the price of Western Texas Intermediate (WTI) has broken its four-day losing streak and is hovering around $75.30 per barrel. All attention is focused on the upcoming important OPEC+ meeting, with widespread expectations for a decision to further reduce and prolong cuts to oil production.

⭐️Personal comments NOVA:
According to the H1 frame, the price retested the support area of ​​1.36000. Buying pressure is unlikely to overcome this support zone today. SET UP BUY signal recovers

⭐️SET UP USDCAD PRICE:

🔥BUY USDCAD zone: 1.36000-1.35900 SL 1.35500
TP1: 1.36300
TP2: 1.36600
TP3: 1.37000



⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Comment:
+ 15 pips , signal BUY

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