USD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.3044, 1.3098, 1.3143
Key Support Levels: 1.2947, 1.2887, 1.2823
Daily Chart:
The price on the higher time frame has been in a consolidation zone recently and it has found support at the 1.2725 level. The pair has bounced after testing the support zone and has broken the resistance level of 1.2904 with good momentum.
USD/CAD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. The price has been in an uptrend and it consolidated for some time recently. It has found support at the 1.2887 level. It has broken and retested another level of 1.2947 before continuing the momentum.
Signal Idea:
Buy Stop Order @ 1.2977
TP 1 @ 1.3026
TP 2 @ 1.3124
Stop Loss @ 1.2928
Trade Safely 🙂
Are there any updates on this trade?
This trade has been updated in the group Paul.
Hi, I am Devliet Shinonge. I have been following Pat and his free signals is always on point. Thank you very much. when i have enough i will like to be in ViIP group for life time.