PawanThakur

USDCAD - H1 - Long - Opportunity with Good Risk Reward

Alış
OANDA:USDCAD   ABD Doları / Kanada Doları
In Hourly, price closed near the price range that acted as a support during the day.

1. USDCAD did a breakout and then pulled back to 1.30790 Levels on weekly charts.
2. Price has a nearby support of 61.8 % Fibo Level on Weekly.
3. Stochastics - Oversold on Hourly.

Lastly, risk and reward is pretty favorable, I will wait to see how it reacts at the opening and take a call.


----- Note ------
Position Size: 2% Risk or less ALWAYS. CANNOT RISK MORE.
Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices


Position Size: 2% Risk or less ALWAYS. CANNOT RISK MORE.

Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.