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Shivam_93

USD/CAD Long Setup

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Shivam_93 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Trend Lines Parallel Channel rsidivergence dollar canadiandollar
3
0
supportandresistance trendline parallelchannel rsidivergence dollar canadiandollar
- Trading the parallel channel on the D1.
- USD/CAD nearing its monthly support.
- RSI bullish divergence on the H1, showing price exhaustion and change of momentum.
- 100 pips target with a 50 pip stop loss.
Trade closed: target reached:
After a series of consolidation, 100 pips target achieved
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