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U.S. Dollar / Canadian Dollar
Long

Buying analysis USDCAD

By CyberFxTrader
Updated
We got more evidence telling us the market might be stronger for buys. As you can see, we got a demand zone within the fibonacci. Adding that to the fact that we're currently in a uptrend tells me that the two trendlines are most likely just manipulation. I can also see some more evidence on a lower timeframe but that will be to complex for this timeframe:)
Note
Tp1: 12695
Tp2: 1.2717
Tp3: 1.27515
Tp4: 1.2777
Note
It was moving slow so i took the profits
Chart PatternsForexGAINTechnical IndicatorskeylevellevelmoneypriceactiontradertradingviewTrend Analysis
CyberFxTrader

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