As requested by one of my Facebook page's followers, I've published a trading analysis for the USDCAD Forex pair.
As shown on the graph represented to you, the US Dollar-Canadian Loonie Forex pair has been trading on a rising channel for quite some time. Whenever the prices hit the top/bottom of the rising channel, a substantial fall/rise follows. That being said, it is 'only' ideal to enter a trade for this pair whenever it hits the top or the bottom since the middle of the rising channel is quite messy... a no-man's land.
As shown on the graph represented to you, the US Dollar-Canadian Loonie Forex pair has been trading on a rising channel for quite some time. Whenever the prices hit the top/bottom of the rising channel, a substantial fall/rise follows. That being said, it is 'only' ideal to enter a trade for this pair whenever it hits the top or the bottom since the middle of the rising channel is quite messy... a no-man's land.
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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.