Analysis on #USDCAD
The market is inside a support zone \ demand zone right now which previously showed a strong buying desire
Plan:
>> If the market provided me a bullish confirmation on the 1-hour time frame I will then look to get in a buy entry with a good risk to read ratio
>> If the market fails to provide me a confirmation for entry and continued down and closes below 1.2600 then this idea is not valid anymore
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
The market is inside a support zone \ demand zone right now which previously showed a strong buying desire
Plan:
>> If the market provided me a bullish confirmation on the 1-hour time frame I will then look to get in a buy entry with a good risk to read ratio
>> If the market fails to provide me a confirmation for entry and continued down and closes below 1.2600 then this idea is not valid anymore
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**
