USDCAD IS BOOMING POINT
Signal Title: Breakout Signal
Currency Pair: USD/CAD
Signal Type: Buy
Entry Point: Break above resistance at 1.3535 AND RETEST
Take Profit: Targeting-1, 1.3555, TARGET-2 1.3645
Stop Loss: Set stop loss at below swing low
Timeframe: 4-hour chart
Rationale: The USD/CAD pair has been consolidating within a bullish pattern, suggesting a potential breakout. A break above the resistance level at 1.3535 would confirm the bullish momentum and present a buying opportunity.
Risk/Reward Ratio: 1:5 (Stop Loss: 50 pips, Take Profit: 250 pips)
Additional Notes: Monitor economic news releases and adjust stop loss levels accordingly to manage risk.
Currency Pair: USD/CAD
Signal Type: Buy
Entry Point: Break above resistance at 1.3535 AND RETEST
Take Profit: Targeting-1, 1.3555, TARGET-2 1.3645
Stop Loss: Set stop loss at below swing low
Timeframe: 4-hour chart
Rationale: The USD/CAD pair has been consolidating within a bullish pattern, suggesting a potential breakout. A break above the resistance level at 1.3535 would confirm the bullish momentum and present a buying opportunity.
Risk/Reward Ratio: 1:5 (Stop Loss: 50 pips, Take Profit: 250 pips)
Additional Notes: Monitor economic news releases and adjust stop loss levels accordingly to manage risk.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.