USDCAD Finds Support, Bounce Incoming (Target)

Aktualisiert
USDCAD Has found support at Dec. 3rd lows. There are several signals that are pointing to an upcoming bounce. Let's take a quick look:

  • USDCAD had a very strong decline and stopped at Dec. 3rd low prices. This is marked yellow on the chart.
  • We have a Morning star pattern that formed on the last three closed candles.
  • The MACD is curving up with a bullish crossover, histogram moving in favor of the bulls.
  • Price is hovering around the lower end of the Bollinger Bands.
  • RSI is coming out of oversold.
  • A bounce can be expected after these signals show up. Target is marked purple on chart.
  • Gray dotted line marks the stop loss.


Thanks a lot for reading.

Remember to hit LIKE if you enjoyed this information.

Namaste.
Anmerkung
Going as planned.
Trade geschlossen: Stop wurde erreicht
Trade geschlossen: Ziel wurde erreicht
alanmastersAMTBeyond Technical AnalysisCADForexFXCMTechnical IndicatorsTrend AnalysisUSDUSDCADusdcadlongusdcadlongs

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Auch am:

Verbundene Veröffentlichungen

Haftungsausschluss