Home About the company Daily reviews USD/CAD Trading Analysis (09/02/2024)

USD/CAD Trading Analysis (09/02/2024)

09.02.2024

Market Review

The trend is ascending. The downward wave structure is truncated. The currency pair is traded in the range between 365 и 135 ЕМА. There is a bullish divergence on the Awesome Oscillator.

USD/CAD chart

Trading idea:

Buy at the formation of the ascending wave structure, when the wave A breaches the sloping channel of the downward truncated structure.

Stop-Loss at 3447.

Target price levels at 1.3520 and 1.3541.

#usdcad #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?