USDCAD- Trend Reversal
This analysis suggests a trend reversal for the USDCAD currency pair, driven by divergence signals. Divergence can indicate a weakening trend that is about to reverse. Here is a trade plan:
Long Position
Stop Loss: 1.3358
Buy Stop Entry: 1.33900
Take Profit: 1.34454
Amount at Risk: $100
Lot Size: 0.25
Long Position
Stop Loss: 1.3358
Buy Stop Entry: 1.33900
Take Profit: 1.34454
Amount at Risk: $100
Lot Size: 0.25
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.