USDCAD is Ready to Go Up(➡️RR=2.48)
🏃♂️USDCAD is moving in a Descending Channel and is currently near the Uptrend line and🟢Support zone(1.3704 CAD_1.3618 CAD)🟢.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect USDCAD to rise to at least 1.384 CAD after breaking the upper line of the descending channel.
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USDCAD
🟢Position: Long
✅Entry Point: 1.37163 CAD (Limit Order)
⛔️Stop Loss: 1.36660 CAD
💰Take Profit:
🎯1.38047 CAD👉Risk-To-Reward: 1.76
🎯1.38411 CAD👉Risk-To-Reward: 2.48
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
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U.S.Dollar/Canadian Dollar (USDCAD), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect USDCAD to rise to at least 1.384 CAD after breaking the upper line of the descending channel.
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USDCAD
🟢Position: Long
✅Entry Point: 1.37163 CAD (Limit Order)
⛔️Stop Loss: 1.36660 CAD
💰Take Profit:
🎯1.38047 CAD👉Risk-To-Reward: 1.76
🎯1.38411 CAD👉Risk-To-Reward: 2.48
⚠️Please don't forget to follow capital management.
⚠️Please pay attention to the style of opening the position.
--------------------------------------------------------------------------
U.S.Dollar/Canadian Dollar (USDCAD), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Trade active