VishalBudhrani

USDCAD Buyers Are Strong? {26/10/2022}

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Educational Analysis says USDCAD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker FXCM.
After Ranging on the daily timeframe, A 4-hour time frame Made a Recent Upward Impulse Move that broke recent resistance and went for a new high,
Long setup after eating stop loss from Short Sellers,
Because USDCAD fair value gaps are unfilled in a 4-hour time frame.

The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 22.01

I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.

Happy Trading, Fxdollars.

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.