Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3485). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44.
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Im new done my first real trade today. Im glad your looking at this because i was looking at it before seeing the pros thoughts. I try my own strategy first. I was going to go short for a short term. Would you advise this or would you say learn to trust my own analasis and learn. What approach should i take.
Should i trust my instincts on something im new to.
Thankyou for your time.
Ck
ForecastCity
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@callumkelly193, Thanks for you're comment.
I'm afraid we do not provide a private consultant, please use the published ideas to know more about our technical analysis, forecasts or trading opportunities. 🌸🙏🌸
Best_Forecast
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Keep This on my Radar This Week,
I like your Ideas very easy to understand!
Thanks a lot!
ForecastCity
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@Alexander_007, Great. we hope you find it helpful on your own trades. 🌸🙏🌸
Should i trust my instincts on something im new to.
Thankyou for your time.
Ck