USD/CAD: bullish setup

I look that U.S. Dollar/Canadian Dollar look bullish in this point. What we could to put a buy order place a little down of the market price.

In H4 timeframe, it's look bullish and could to reach up $1.3223 CAD.

Now, in H1, I put a buy order place to $1.3097 CAD, Stop Loss to $1.3045 CAD and take profit to $1.3223 CAD

So, we see a Dollar strengthen in the trend. Now, i will replace the USD/JPY for USD/CAD, as USD/JPY forming a possible consolidation, but sometimes USD/JPY it's a little hard to trade the volatility, but I remain that USD in front of JPY it's bullish

So guys, I hope that this analysis support you!!!

Bình luận:

I dont earned as loss nothing, but if I was in long, I beleive that hold a posiiton until develop this trade, but Im regretful to close my long when I put in the good zone to buy, what now I suppose to get good profit like 50 pips, but nothing, everyday we learn to get better.

But nothing guys, at the moment, EURAUD closed up my target with very nice profit in 18%