TokieTV

USDCAD Long to Resistance

Short
TokieTV Updated   
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is nearing the end of its ascending channel, gearing up to a potential bull run soon. As we wait for our entries, we can short until our major support of 1.2505 to possibly 1.246. From the mentioned values, we can go long to the respective TP areas.

Honestly, UCAD had so many potential H&S it was quite hard to spot its general movement for me until now.

Disclaimer: This is for educational purposes only.
Order cancelled
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.