Thursday, May 09, 2024

USD/CAD Buy Signal closed at Entry Price Level
1 mins well spent

USD/CAD has formed an Ascending Triangle Pattern.

We expect breakout at the top zone of the Ascending Triangle.

As per the confirmation of breakout at the top zone, USD/CAD Buy signal is given.

USD/CAD has went up +700 points in profit but it doesn’t reach our Target.

As per the signal guidance, USD/CAD trade was closed at the entry price level. (Reason : stop loss price changed to entry price on the 2nd day end).

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