TheTradersAvenue

USDCAD > The Best Trading Levels For a Buy!!

Long
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OANDA:USDCAD   US-Dollar / Kanadischer Dollar
Analysis on #USDCAD

USDCAD remains between resistance and support levels similar to my EURUSD idea for today, we can expect the market to keep doing so for the time being

>> If the market comes to my structure support zone where the market turned bullish in the past, I will then look for a reversal pattern before committing to a buying trade with a good risk to reward if the entry rules are met.

>> If the market comes to my structure resistance zone where the market turned bearish in the past, I will then look for a bearish reversal pattern before committing to a selling trade with a good risk to reward if the entry rules are met.


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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
Trade geschlossen: Ziel wurde erreicht

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