For Traders

Analytical Reviews

Technical analysis

05.08.202010:07 Forex Analysis & Reviews: USD/CAD - plan was a success!

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Good afternoon traders!

Congratulations to those who followed the trading plan last August 3 , which was to sell the USD / CAD pair in order to complete the ABC wave pattern, as well as update the monthly bulls' area below 1.33.

Plan:

Result:

The transactions moved the quote more than 1000 pips. Congratulations!

Price Action and Stop Hunting strategies were used to develop the idea.

Good luck in your other positions. Have a good day!

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.