USD/CAD Long-Term Trend: Bullish

Key Resistance Levels: 1.3875, 1.3891, 1.3916
Key Support Levels: 1.3837, 1.3815, 1.3792
1-Hour Chart:
The price on the higher time frame has recently been in an uptrend for some time after it tested a support level of 1.3585 and started bullish trend. The pair has shown good momentum and recently tested a support level of 1.3756 which suggests trend continuation.
USD/CAD Medium-Term Trend: Bullish

5-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.3792 and 1.3815 and sustained above that. As of now the pair has broken and retested a minor level of 1.3837 before continuing the momentum.
Signal Idea:
Buy Stop Order @ 1.3849
TP @ 1.3887
Stop Loss @ 1.3830
Trade Safely 🙂
good day i have a question to ask? when you say up or down movement does BUY means up and SELL means down in forex trading and when youre dooing a market order
Yes, BUY we want the market to move up. Sell we want the market to move down.
Always love your trade analysis. keep it up bro
Hi. Thanks a lot for the info and goodwill. I just wanted to say that I sometimes get the signals a little late and was wondering how I could benefit from the more timely ones.
Thanks again and your effort is duly appreciated. Looking forward to your feedback.