USDCAD Analysis
USDCAD is breaking the top level of the downtrend line in the 1-hour timeframe chart.
While market trying to break this top-level, the USDCAD Buy signal is given.
But, USDCAD re-entered back into the downtrend line and starts to keep moving up and down between the entry price levels for more than 2 days.
As per our signal rules, the USDCAD Buy signal has closed at the entry price level (break-even).
Example:
If the market doesn’t reach target 1 within 2 days, You can change your stop loss to entry price for safe trading.
If the trade is running in loss, you can change the take profit price to entry price.
At all the market conditions, We always want you to trade safe using our signal rules. please read it completely here: https://signal.forexgdp.com/follow/
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