USD/CAD
Buy Limit at 1.4050
The price is in an uptrend on the 4H timeframe, but currently retracing after testing the resistance around 1.4100.
The level of 1.4050 acts as a key support zone, and the pullback may attract buyers.
Confirmation of this setup relies on price rejecting the 1.4050 zone with bullish candles (e.g., pin bar or engulfing pattern).
Buy Limit at 1.4050
The price is in an uptrend on the 4H timeframe, but currently retracing after testing the resistance around 1.4100.
The level of 1.4050 acts as a key support zone, and the pullback may attract buyers.
Confirmation of this setup relies on price rejecting the 1.4050 zone with bullish candles (e.g., pin bar or engulfing pattern).
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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.