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USDCAD Daily

Day trading Plan : retest 1.3298 to confirm bullish continuation

1 hour chart plan

A. retest 1.3298 to confirm bullish continuation , Buy Target at  1.3357

  • Strong candle break above 1.3357 (key resistance) could target 1.4000
  • reversal pattern after breakout = falsebreak , bearish signal

B. Strong candle break below 1.3298 could target 1.3245

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Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.