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Trade Signal Description:
Strategy : FXNova
Symbols : USDCAD
Type : Buy
Enter : 1.3830
Stop Lost : 1.3795
Target A : 1.3880
Target B : 1.3905
Target C :
Risk : Medium
Description : USD/CAD turns bullish above 1.3830, targeting 1.3880 and 1.3905 after a positive breakout signal.

USD/CAD Intraday Signal: Aim Toward 1.3880

Analysis:

USD/CAD has shifted to a bullish intraday stance following a decisive break above 1.3830. This breakout acts as a positive signal, opening the path toward 1.3880 and the extended target at 1.3905. Price acceptance above the pivot suggests buyers are in control of the short-term structure.

The breakout reduces downside risk while price holds above 1.3830, favoring continuation higher. Pullbacks toward the pivot are likely to find support as long as the bullish structure remains intact.

Alternatively, a move back below 1.3830 would weaken the bullish setup and expose downside supports at 1.3795 and 1.3770.

Trade Setup:

Enter: Long above 1.3830
Stop-Loss (SL): 1.3795
Target A: 1.3880
Target B: 1.3905

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Trading Signals Guide

At FastPip, we provide trading signals based on a variety of proven strategies. Each signal reflects the logic and indicators of a specific strategy — giving you a transparent view of market conditions and potential opportunities.

Our signals typically include up to three Take Profit (TP) levels. Here’s how to manage them effectively:

  • Once the price approaches TP1, move your Stop Loss (SL) to the entry point to make the trade risk-free, and adjust your TP to the second target.
  • When TP2 is reached, update your SL to the first TP level, and set your TP to the third target, if available.
  • If TP3 is the final target, close the trade entirely once it’s hit.
  • Alternatively, you may partially close the trade at each TP and let the remaining position run until the final TP.

Each signal also includes a risk level:
🔹 Low – Conservative setup
🔸 Medium – Standard volatility
🔴 High – Elevated risk due to market events or upcoming news

Important: When a signal is labeled as High Risk, it may be due to upcoming economic news or increased market volatility. In such cases, it’s strongly recommended to reduce your position

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The trading signals provided by FastPip are intended for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any financial instrument.

Trading in financial markets involves significant risk, and past performance is not a guarantee of future results. You are solely responsible for any trading decisions you make based on our signals.

It is essential to:

  • Strictly follow the recommended Take Profit (TP) and Stop Loss (SL) levels. Ignoring these may lead to higher-than-expected losses.
  • Adjust your trade size according to your actual account balance.
  • Never trade with borrowed money, loans, or funds you cannot afford to lose.
  • Trading should only be done using spare capital that is not needed for essential expenses.

If you lack experience or financial knowledge, we strongly recommend seeking guidance from a licensed financial advisor.

 

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