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Dear i.forex members
On this Day i will predicted this pair have being sell don direction.
the price is break Resistance and Trend Line and it is moving don side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a uptrend direction
in addition to that we can see a sell signal on the MACD indicator.
I suggest to take short terms position on sell today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade thats giver big pips total intraday.
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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
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Usd/Cad
Resistance level
1.Resistance level 1.320
2.Resistance level 1.318
3.Resistance level 1.314
Supporting level
1.Supporting level 1.309
2.Supporting level 1.307
3.Supporting level 1.304
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Usdcad
u.s. Dollar / canadian dollar
1.30797
cad
−0.00315 (−0.24%)
market open (dec 27 10:54 utc-5)
1.31112
prev
1.31112
open
69.639k
volume
1.30762 — 1.31206
day's range
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Time Frame - 4 Hour
Currency pair - USD/CAD
Buy @ - 1.3097
Stop Loss - 1.3054
Take Profit - 1.3138
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Due to the holidays and low liquidity around the world we are strictly taking scalps on the smaller time frames and shooting for small targets. Price broke 1.30 handle and is currently
Waiting for break of support on 1 hr Retest of Support on 1 hour candle or 4 2 consecutive 15 min sell candles Projected Entry EP 1.29395 SL 1.29652 TP1 1.29104 TP2 1.29118 TP3 1.28532
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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I anticipate this pair Usd Cad have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.