From TradingView · · 30s
UsdCad Trade Idea for OANDA
USDCAD could rise if it breaks resistance on TradingView chart.
In brief
USDCAD could rise if it breaks resistance on TradingView chart. TradingView user OfficialJ23 suggests going long USDCAD if it breaks hourly support on 15m timeframe. Originally reported by TradingView.
USDCAD Chart Analysis
OfficialJ23 says USDCAD is bearish on 4hr chart but hourly just flipped bullish.
Entry Condition
If price breaks hourly high on 15m timeframe, OfficialJ23 will take long position.
Potential Move
Price could retest 4hr low after breaking hourly high on 15m timeframe.
The key point
TradingView user OfficialJ23 suggests going long USDCAD if it breaks hourly support on 15m timeframe.
