USDCAD MUTIFRAME ANALYSIS
In the daily chart, we are very cleary to see this pair is in an important support 1.385, so it's getting weaker. But today's candle closed we still have a doji in here, that's mean this support still trusted, but we need a today's cofirmation candle to consolidate that. My idea for this pair:
Buy limit: 1.386
Stoploss: 1.380
Takeprofit: 1.412
Close your order if today's candle closed lower than yesterday.
Take a look to another frame H4: We have a engulfing candle in this support. Using price action to excuting the deal above.
Price action and Trendline
Thanks for watching and don't foget to give me some comment and your opinion.
Buy limit: 1.386
Stoploss: 1.380
Takeprofit: 1.412
Close your order if today's candle closed lower than yesterday.
Take a look to another frame H4: We have a engulfing candle in this support. Using price action to excuting the deal above.
Price action and Trendline
Thanks for watching and don't foget to give me some comment and your opinion.
Penafian
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