USDCAD RANGE TRADE
Pair: USDCAD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation period
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Key Takeaway: Seen a vast period of consolidation for the pair recently and we have just seen a bounce off support, we are looking for breaks of the next level of short term resistance before looking for the possibility of long trades
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Level needed: need a close by 1.36725
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Trade: Long
RISK:REWARD 1:6
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, consolidation period
—————
Key Takeaway: Seen a vast period of consolidation for the pair recently and we have just seen a bounce off support, we are looking for breaks of the next level of short term resistance before looking for the possibility of long trades
—————
Level needed: need a close by 1.36725
—————
Trade: Long
RISK:REWARD 1:6
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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