USDCAD sell trade idea 22 07 2021

#OPINIONLEADER# #Signal#

SELL USDCAD 1.2565

SL: 1.2595

TP1: 1.2545

TP2: 1.2525

TP3: 1.2505

Signal Analysis by LCMS Traders

Currency Pair: USDCAD

SELL USDCAD 1.2565 

Timeframe: H1

Step 1 - Previous News: USD: -, CAD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touching, slow up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: USD: Unemployment Claims 2030hrs, CAD: -