Dollar A.S. / Dollar KanadaPembelian
Potential Long Trade on USDCAD
Actually we have :-
1-Bullish Bat Battern
2-Structure Support Area
3-Demand Zone
-We noticed That We have a nice Support Level At (1.2280) .....and i think it will hold a littel but not too much (Maybe Retest the the Broken Support at (B) piont of Bat Pattern)
-Now if the price break support level at 1.2280 ... then price will continue to go lower and lower until it find a support area to stop and reverse to re-test the broken support
-in fact we found that the area between (1.2218) & (1.2230) has some possitive Factors (Bat Pattern...Structure Support ... Demand Zone)
-So , we anticipate that we will find a possitive movment higher from this Area
-Our Stop Must Be Below The Point (X) of The Bat and Demand Zone
-Our Target is 0.382 of CD Leg ...we can Shoot for 0.618 ...but not Recommanded because we are already in a breaish continuation movment (Down Trend)
Be Sure To Be Ready .......!!
Thanks ......!!
1-Bullish Bat Battern
2-Structure Support Area
3-Demand Zone
-We noticed That We have a nice Support Level At (1.2280) .....and i think it will hold a littel but not too much (Maybe Retest the the Broken Support at (B) piont of Bat Pattern)
-Now if the price break support level at 1.2280 ... then price will continue to go lower and lower until it find a support area to stop and reverse to re-test the broken support
-in fact we found that the area between (1.2218) & (1.2230) has some possitive Factors (Bat Pattern...Structure Support ... Demand Zone)
-So , we anticipate that we will find a possitive movment higher from this Area
-Our Stop Must Be Below The Point (X) of The Bat and Demand Zone
-Our Target is 0.382 of CD Leg ...we can Shoot for 0.618 ...but not Recommanded because we are already in a breaish continuation movment (Down Trend)
Be Sure To Be Ready .......!!
Thanks ......!!
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