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JoshFX1

USDCAD Sweet Buy Setup For Massive Incredible Pips

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JoshFX1 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD USD dollar usdcadbuy usdcadsell usdcadlong usdcadshort usdcadbullish usdcadbearish
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trendanalysis chartpattern waveanalysis usdcad usd dollar usdcadbuy usdcadsell usdcadlong usdcadshort usdcadbullish usdcadbearish
USDCAD on the daily time frame shows a nice buy setup. As you can see it has already broken the upper range which is a nice bullish signal. Then we notice that its currently at a resistance. When you see how Stoch and ADX are shaped it looks like theres enough power left to break the resistance and head up further. Stoch is about to make the bullish crossover and ADX shows a strong bullish trend with the green and "neutral" line up.

Open: around 1.2755
SL: 1.2705
TP 1: 1.2880 TP 2: 1.3012
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