With the USD CAD, my long position started at 1.29.
Although this idea is being posted a little after, there is still a potential window of further opportunity.
Keeping it simple, on a weekly chart, with Heikin Ashi candles to smooth out the PA.
Indicators MACD, OBV are indicating a bullish trend. Also, you will see my Linear Regression support, which has clearly held strong.
In order to determine entry and exits, the 4 hour chart is my recommendation.
Again we see, on the 4 hour chart, a upwards MACD and OBV. PA also looks good as we brook the 200 sma, and are breaking the 200LR resistance.
2-1 risk to reward is good, 3-1 is professional.
Although this idea is being posted a little after, there is still a potential window of further opportunity.
Keeping it simple, on a weekly chart, with Heikin Ashi candles to smooth out the PA.
Indicators MACD, OBV are indicating a bullish trend. Also, you will see my Linear Regression support, which has clearly held strong.
In order to determine entry and exits, the 4 hour chart is my recommendation.
Again we see, on the 4 hour chart, a upwards MACD and OBV. PA also looks good as we brook the 200 sma, and are breaking the 200LR resistance.
2-1 risk to reward is good, 3-1 is professional.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.