USDCAD- TREND ANALYSIS - 1 Hr's chart -Short first and then Long

16 Nov 2020

TRADING VIEW

📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
📍 Frequent updates
📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks
📍Real time updates


⏳ 1Hrs’s Chars

USDCAD- TREND ANALYSIS - Short first and then Long

Best to go Long after rejecting from the support line-
Target - 100 to 150 pips

Tagged Short - because it may go short first before heading north

KEY NOTE - SPECULATIVE SETUP - not a financial advise - Do your own analysis
Please use STOP LOSS and don’t risk more than 2% of your total account

Tagged LONG as I expect Gain first

📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 1.3078 fresh demand zone
± 1.3222 fresh supply zone

📒 Analysis / Trade Setup / Long and then short
± USDCAD 1 Hr’s chart
± Short-term Bearish # Long term-term bullish
± May hit the support level of 1.3080
± Head and Shoulder completed
± 1.3222 Very strong resistance
± Head and Shoulder, Trend analysis, supply and Demand zone area
± A touch down to support zone requires
± Go long for more pips only after confirmation only
± once we hit support area of 1.3080 - the price might reverse
± Long - TP - 1.32100
± Short TP 1.3080
± recommend to go LONG
± HAPPY TRADING

16 Nov 2020

Dagangan aktif

Trade is active and triggered as planned

19 Nov 2020

Dagangan ditutup: sasaran tercapai

23 Nov 2020

Dagangan ditutup secara manual