This analysis suggests a trend reversal for the USDCAD currency pair, driven by divergence signals. Divergence can indicate a weakening trend that is about to reverse. Here is a trade plan:
Long Position
Stop Loss: 1.3358
Buy Stop Entry: 1.33900
Take Profit: 1.34454
Amount at Risk: $100
Lot Size: 0.25
Long Position
Stop Loss: 1.3358
Buy Stop Entry: 1.33900
Take Profit: 1.34454
Amount at Risk: $100
Lot Size: 0.25