Optimum369

USDCAD /CAD! why you are so weak

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Update 11/07/2022

1 Structure 1/2: sideways to bullish
2 imbalances : Target marked correction filled
3 Current Move1/2 : impulse
4 Entry TF : D1
4.1 ETF Structure: bullish
4.2 move : impulse
5 Support Resistance price support :
6 FIB: 50 support
7 candle Pattern : pro gap opening
8 Chart Pattern: range bond flag
9 Volume : on average continuation
10 Momentum: bullish sideways
11 Volatility : middle support
12 strength: bullish
13 Sentiment : 30/-17=13
14 Final Summary: Usd is strongest currency and due to crude price there are lot of pressure on CAD buy now
15Buy /Sell/Wait : long
16 Entry: 1.2974
17 Sl: 1.2933
18 Tp: 1.3430
19 Risk to reward Ratio: 1:5
20 Excepted Duration : 15 days

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