Edden5

USD / CAD Daily and H4 Analysi

Alış
FX:USDCAD   ABD Doları / Kanada Doları
On the basis of price action trading there is much chance for USD / CAD to go long, as on daily and weekly it touch to its support area which was 3 to 4 time support and before it, it was resistance, on daily time frame we see obvious Tailed bar on support and price pullback on that area, On H4 time frame wee see pure 2 bar reversal on support and price pull back from it, so on the eyes of price action it will clearly go long near from 1.3140 and our 1st target near to its near resistance which was not obvious & 2nd target on its strong and obvious resistance, that`s why in this trade our potential risk to reward ratio is 1:2 & 1:4

Note : Trade on my analysis at your own RISK, Thank You
Feragatname

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