28 Feb 2017

USD/CAD: Buy Stop Signal

By on 04:08

USD/CAD Current price: 1.3189

Yesterday we saw 1.3080 level on Loonie that indicates a sell position to 1.3000 level but it was wrong actually it make a beautiful Bullish candle on the D1 chart that indicates a good Bullish signal for coming days.So today I share Loonie trade setup with youOne thing my signal are not 100% perfect so always use stop loss that I share with you. I recommend you take 1.5% risks per trade.
Buy @ 1.3200
TP :      1.3400
SL :       1.3150
( You can lose more than your initial deposit, for safety of equity alway use stop loss & Don't risk more than 1.5% of equity )


No doubt loonie is on strong resistance level, In other words, its mean it has also chanced to come support level. But according to my analysis, I am pretty sure it will break this level and goes to
Upward.Today also USA GDP  data will release and may its actual result will be positive.

2 comments:

  1. Please mension date and time (gmt) at the time of signal

    ReplyDelete
    Replies
    1. Thanks, Madhav next time i will mention

      Delete