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TheGoldRoom

USDCAD RANGE TRADE

Long
Dollaro / Dollaro canadese (OANDA:USDCAD)  
TheGoldRoom  
OANDA:USDCAD   Dollaro / Dollaro canadese
Chart Patterns Harmonic Patterns Trend Analysis Forex forexsignals forextrading Fibonacci Retracement fx forexanalysis forecast priceaction priceactionanalysis
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chartpattern harmonicpatterns trendanalysis forex forexsignals forextrading fibonacciretracement fx forexanalysis forecast priceaction priceactionanalysis
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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