USDCAD sell trade idea 25 11 2021
SELL USDCAD 1.2642
SL: 1.2672
TP1: 1.2622
TP2: 1.2602
TP3: 1.2582
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
SELL USDCAD 1.2642
Timeframe: H1
Step 1 - Previous News: USD: Preliminary GDP q/q slight upwards revision, Core PCE Price Index continued rise, New Home Sales decline in the number, CAD: -
Step 2 - Trend: Up to Across, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow down
- Stochastic: H4 heading into over sold
- PSAR: bearish
Step 5 - Upcoming News: USD: Bank Holiday today, CAD: -
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.