USD/CAD Analysis
as we can see the price breaks the red line and reach to the blue trend line as I said with 60 Pips of taking profits
now the price on the blue trend and also at a demand zone so I think it may be going up especially it form a hammer candle and then a Doji candle which means the price is hesitating and may reverse
so I think we need confirmation by breaking the 1.34612 level we can take a position with also 60 pips
Please, guys, be careful and choose your entry and exit point carefully
For any updates just follow me and press like button for more reach
Share with me your thoughts let's learn from each other
now the price on the blue trend and also at a demand zone so I think it may be going up especially it form a hammer candle and then a Doji candle which means the price is hesitating and may reverse
so I think we need confirmation by breaking the 1.34612 level we can take a position with also 60 pips
Please, guys, be careful and choose your entry and exit point carefully
For any updates just follow me and press like button for more reach
Share with me your thoughts let's learn from each other
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.