Hello Fellow Traders,
The current pair (USDCAD) appears to be forming a viable setup for a long (bullish) position within the next few days (2 - 3). Be considerate of the RSI readings, as there a correction may be prevalent prior to the setup.
Resistance Level 2 - (1.34515 - 1.34545) 30 pip interval
Resistance Level 1 - (1.33740 - 1.33765) 25 pip interval
Blue Horizontal Line (KPZ) - (1.33525 - 1.33555) 30 pip interval
Support Level 1 - (1.32955 - 1.32980) 25 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
The current pair (USDCAD) appears to be forming a viable setup for a long (bullish) position within the next few days (2 - 3). Be considerate of the RSI readings, as there a correction may be prevalent prior to the setup.
Resistance Level 2 - (1.34515 - 1.34545) 30 pip interval
Resistance Level 1 - (1.33740 - 1.33765) 25 pip interval
Blue Horizontal Line (KPZ) - (1.33525 - 1.33555) 30 pip interval
Support Level 1 - (1.32955 - 1.32980) 25 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Note
Infiltrated Resistance Level 1 - (A Correction is Imminent, or Further Consolidation Prior to Aggregating a Long Potential). Be Diligent of Market PA and Enter Cautiously.-LionGate
Note
Rejected at Resistance Level 1 - Reconsider Analysis and acknowledge long term direction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.