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USDCAD long Opportuniyu

by Ruben A, March 28, 2022

USD/CAD M1 Long on USDCAD after respecting his resistance level on the Daily chart

by Ruben Abitbul March 28, 2022

3
Share

USD/CAD

|

Long

|

M1

Timeframe:

M1

Analysis Method:

Long on USDCAD after respecting his resistance level on the Daily chart

Analysis:

From a macro-view, Oil may give a leg down.
According to his negative correlation, we may see USDCAD pushing a big higher

Trade Plan:

Tight SL, high risk-reward

Risk Management:

SL below the low of the demand

Things To Watch For:

If the price continue to go down, check for the huge demand zone below

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