ðUSDCAD double bottom: bulls ready to chargeð
Brace yourself for a game-changing setup on the USDCAD forex pair! ð
The charts are showing a compelling buy signal in the 4-hour timeframe, with price bouncing off a solid support level at 1.31400.
But that's not all! The candlestick pattern has revealed a powerful bullish engulfing formation, signaling a potential trend reversal in the making.
Get ready to set your sights on multiple take profit levels: first target at 1.31950, representing the 0.618 Fibonacci retracement. Then, the neckline at 1.32200 beckons as our second milestone, followed by the third take profit around 1.32500, and ultimately, the grand target at 1.32800!
Adding fuel to the fire, the MACD indicator is on the verge of forming a bullish crossover, adding further confirmation to this exciting setup.
Don't miss out on this potentially explosive trade opportunity! ð
Respect money management
don't forget to press the like button if you think this insight was helpfulð
The charts are showing a compelling buy signal in the 4-hour timeframe, with price bouncing off a solid support level at 1.31400.
But that's not all! The candlestick pattern has revealed a powerful bullish engulfing formation, signaling a potential trend reversal in the making.
Get ready to set your sights on multiple take profit levels: first target at 1.31950, representing the 0.618 Fibonacci retracement. Then, the neckline at 1.32200 beckons as our second milestone, followed by the third take profit around 1.32500, and ultimately, the grand target at 1.32800!
Adding fuel to the fire, the MACD indicator is on the verge of forming a bullish crossover, adding further confirmation to this exciting setup.
Don't miss out on this potentially explosive trade opportunity! ð
Respect money management
don't forget to press the like button if you think this insight was helpfulð