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Re: MACD&RSI

macd & rsi, Thu Dec 02, 2021 7:50 am

#USD/CAD :

As it is clear on chart , we have two Daily and Weekly moving cross at 1.2580 , this level is 50% and 38.2 fibo level . RSI shows a remarkable divergence , and price is near a very resistance area ,

I do not take any position now because of very significant bullish wave , but I remember 1.2580 for having a buy limit order at Friday CAD news .

I prefer not to take any trade , until tomorrow !!!

If I will have a trade , my stop will be 1.2490 .

I have shown three target for that wave .
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