Hello Fellow Traders,
The current pair (USDCAD) appears to be forming a viable setup for a long (bullish) position within the next few days (2 - 3). Be considerate of the RSI readings, as there a correction may be prevalent prior to the setup.
Resistance Level 2 - (1.34515 - 1.34545) 30 pip interval
Resistance Level 1 - (1.33740 - 1.33765) 25 pip interval
Blue Horizontal Line (KPZ) - (1.33525 - 1.33555) 30 pip interval
Support Level 1 - (1.32955 - 1.32980) 25 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
The current pair (USDCAD) appears to be forming a viable setup for a long (bullish) position within the next few days (2 - 3). Be considerate of the RSI readings, as there a correction may be prevalent prior to the setup.
Resistance Level 2 - (1.34515 - 1.34545) 30 pip interval
Resistance Level 1 - (1.33740 - 1.33765) 25 pip interval
Blue Horizontal Line (KPZ) - (1.33525 - 1.33555) 30 pip interval
Support Level 1 - (1.32955 - 1.32980) 25 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
코멘트:
Rejected at Resistance Level 1 - Reconsider Analysis and acknowledge long term direction
-LionGate