USD/CAD Long-Term Trend: Bullish
Key Resistance Levels: 1.25382, 1.26059, 1.27617.
Key Support Levels: 1.24343, 1.23844, 1.23020
Daily Chart:
The price on the higher time frame posted a Wyckoff accumulation phase at the bottom which led to a reversal and a breakout of the bearish channel to the upside. Now the main direction is upward where the market succeeded to break the 1.24330 CAD mark by a big bodied bullish bar showing that the buyers are in control. We expect further movement to the upside in the coming hours.
USD/CAD Medium-Term Trend: Bullish
1-Hr Chart:
On the lower time frame, the price found buyers around the 61.80 % Fibonacci retracement level where huge volatility appeared. We expect a slight lower correction before a new bullish impulsive wave toward the target profit.
Signal Idea:
Buy Market Order @ 1.24363
TP 1 @ 1.25341
TP 2 @ 1.26059
Stop Loss @ 1.23873
Trade Safely 🙂
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I am from india I am using your telegram signals since 2 week your signals are 💯 accurate and good should I hold usdcad @ to tp1 or I should exit and I am following you in Instagram and I have messaged you
I’m still holding this trade and its now in profits .. what’s your advise .. should I hold till TP1
Hi John, we manually exited this trade early and mentioned it in our VIP group.
First time I follow your free signal, I’m loss..😑 Bad news…
Ya we manually exited in VIP earlier.
Wow yesterday was awsome i taught today wont come so i can benefit with you thanks alot you are indeed a live saver