USD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.2738, 1.2800, 1.2897
Key Support Levels: 1.2614, 1.2567, 1.2449
The price on the higher time frame has been trading in a range for quite some time and it attempted to break to the downside but faced a rejection. We see the price bounced from the 1.2449 level and picked momentum. In today’s candle, the pair has succeeded in breaking the resistance level of 1.2658
USD/CAD Medium-Term Trend: Bullish
On the lower time frame, the price is moving in the major trend direction. The pair has been moving in a higher-high, higher-low formation and there was a small consolidation before the price broke to the upside and continued momentum.
Buy Limit Order @ 1.2650
TP 1 @ 1.2699
TP 2 @ 1.2748
Stop Loss @ 1.2601
Trade Safely 🙂
Please post immediately on Telegram.
We missed this signal by 6 plus pips before you posted it on your website!
All the signals are posted immediately in the group after creating the post here and all the trades are either limit or stop orders that should be placed at exactly what is mentioned in the post.
I do not see the actual signal in the group. It’s just a link to this page.
Swing trade signals are posted on the website with analysis and other details and then the link to the page is posted in the group mainly during the London session. If you are new to the group, I would suggest to please go through previous posts to have a better understanding.
Happy trading 🙂