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VasilyTrader
24 Jul 2020 pukul 07.16

USDCAD: Multi Time Frame Analysis & Trading Plan Panjang

U.S. Dollar/Canadian DollarFXCM

Huraian



USDCAD reached a major 3 days/daily rising trend line.
this trend line matches with a horizontal daily/4H structure
and yesterday the price has been rejected multiple times confirming the strength of the demand area.

on 1H the price has formed a h&s pattern and now it is attempting to break above the neckline.

in case of a confirmed neckline breakout, we can buy aggressively or on retest aiming at higher structure levels.

next goals will be:
1.347
1.350

Komen
VasilyTrader
Are you also bullish on usdcad?
bitriceps
@VasilyPonomarev, yes
VasilyTrader
@bitriceps, good!
elielbarcelona007
smooth analysis!
Phi-Deltalytics
Nice heads-up!
VasilyTrader
@Phi-Deltalytics, thank you my friend!
MayChen816
Good work!!!
VasilyTrader
@MayChen816, thank you!
UnknownUnicorn4762443
I agree with you. dear Vasily
VasilyTrader
@SEYED98, good analysis!
Lebih