USDCAD sell trade idea 22 07 2021
SELL USDCAD 1.2565
SL: 1.2595
TP1: 1.2545
TP2: 1.2525
TP3: 1.2505
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
SELL USDCAD 1.2565
Timeframe: H1
Step 1 - Previous News: USD: -, CAD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touching, slow up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: USD: Unemployment Claims 2030hrs, CAD: -
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