Hello friends..
This week we should be more on the chart, because most of the charts are in an attractive range for trading.
What our team sees is that the chart (US Dollar to Canadian Dollar) has hit a good range that we previously identified in the daily time frame and has managed to change the trend from a bearish to an upward trend. In the 4-hour time frame, the price shows us the trend change. Now we have to wait and look for a buy trade in the specified range.
The target for this trade can also be 1.3924.
It should be noted that as long as the price does not break the swing low (the line at the bottom) with the candle body, the trend remains upward.
So this week you can put this chart on your watch list.
You can follow our page to see more analysis.
This week we should be more on the chart, because most of the charts are in an attractive range for trading.
What our team sees is that the chart (US Dollar to Canadian Dollar) has hit a good range that we previously identified in the daily time frame and has managed to change the trend from a bearish to an upward trend. In the 4-hour time frame, the price shows us the trend change. Now we have to wait and look for a buy trade in the specified range.
The target for this trade can also be 1.3924.
It should be noted that as long as the price does not break the swing low (the line at the bottom) with the candle body, the trend remains upward.
So this week you can put this chart on your watch list.
You can follow our page to see more analysis.
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.
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.