Lingrid

Lingrid | USDCAD long trade from the SUPPORT level

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
The price perfectly fulfilled my previous idea. USDCAD is approaching the support level on the daily timeframe. The market made higher, higher, and higher lows. Another thing worth mentioning is that price action is ranging on the daily timeframe, and therefore, price action will probably stay in the range zone, bouncing off the support and resistance levels. I expect the price to go up from the support level and downward trendline. My goal is resistance around at 1.35000


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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