ChangLiu
Panjang

long usdcad

FX:USDCAD   Dolar U.S/Dolar Kanada
116 4 8
The Canadian dollar             is well supported by 1.322-1.318 and is now considering doing more in this area.
At present, my admission is 1.322, the first goal of 1.333, the target of second in the 1.343, third target at 1.358, stop at 1.316.
Thanks for your great analysis!
Here is my view on USD/CAD if you are interested:

Based on Market Profile (volumes) and Price Action there are two very strong resist/support zones.
The short level (1.3666) is placed where a cummulation before a strong sell-off took place.
The long level (1.2922) is based on strong rejection activity accompanied by huge volumes (seen on the right cummulative volume on the right).

If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale
Balas
Very nice trade setup, thank you for sharing your idea. i have similar view on this pair as well.
Balas
ChangLiu jojofang0901
@jojofang0901, Thank you,We can communicate with each other and learn from each other.
Balas
@ChangLiu, For sure, thank you.
Balas
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