The trend chart below show that the USD/CAD is trending higher on the largest time frames, like the MN time frame. The current resistance levels is at 1.1670 on this pair. You can set a price alarm here. When the alarm hits, check The Forex HeatmapĀ® for a buy signal. Past the 1.1670 resistance area the next major resistance is at the 1.3000 area, so any buy entries could have substantial upside potential, possibly 1300 pips. The trend chart you see below for the USD/CAD are exponential moving averages set up on a meta trader platform.
- Categories
-
Recent Posts
- High Confidence Gold Trading System
- Fine Tuning Your Forex Trade Entries
- GBP/CHF, EUR/GBP Example Trade Entry
- Live Trading Capital: Funded Forex Account, Forex Funding
- Forex Mobile App On Telegram
- Forex Scanner, Real Time Screening Signals For 8 Currencies
- Forex Audio Book, MP3 Library
- Forex Trading Seminar — Can I Become A Forex Trader?
- GBP/JPY Trend Reversal
- Forexearlywarning, Introduction To Our Complete Trading System