USD/CAD GREAT LONG OPPORTUNITY
Hey Trarder,
So we find USD/CAD on a Daily channel. We all wanted it to break it but it rejected it strongly. It appears to be looking to get to the Weekly Retracement of 78.60% (1.4120). I expect a small retracement to 1.31720 and an amazing entry in that area. It´s a great Risk/Reward ratio of a minimum of 1/2 and a maximum of 1/8. The TP´s I marked with the pink horizontal lines are out objectives to secure profits. It has an amazing probability to be a succesful trade. The only thing you need to wwait for before entrying is to reach that area and a strong rejection (strong bullish candle).
What do you think? Happy profits.
So we find USD/CAD on a Daily channel. We all wanted it to break it but it rejected it strongly. It appears to be looking to get to the Weekly Retracement of 78.60% (1.4120). I expect a small retracement to 1.31720 and an amazing entry in that area. It´s a great Risk/Reward ratio of a minimum of 1/2 and a maximum of 1/8. The TP´s I marked with the pink horizontal lines are out objectives to secure profits. It has an amazing probability to be a succesful trade. The only thing you need to wwait for before entrying is to reach that area and a strong rejection (strong bullish candle).
What do you think? Happy profits.
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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.