The chart presents a bullish setup on the USD/CAD pair with an entry at 1.38100. Price action is respecting an ascending trendline, showing higher lows and potential for further upside movement. A breakout above the resistance zone around 1.38400 signals possible continuation of the trend. The Ichimoku cloud provides additional support to the bullish bias. This setup is ideal for traders looking for short-term gains, provided the breakout sustains. Risk should be managed with stops placed below the trendline or recent swing low to protect against a false breakout.
Entry: 1.38100
TP1: 1.38600
TP2: 1.39000
Entry: 1.38100
TP1: 1.38600
TP2: 1.39000
Trade closed: target reached
First Target (1.38600) ReachedSecond Target (1.39000) Reached
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
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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.
Join telegram channel free ..
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
t.me/GoldMan0009
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/GoldMan0009
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.