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Trade Signal Description:
Strategy : FXNova
Symbols : USDCAD
Type : Sell
Enter : 1.3690
Stop Lost : 1.3705
Target A : 1.3645
Target B : 1.3630
Target C :
Risk : Medium
Description : USD/CAD remains bearish below 1.3690, targeting 1.3645 and 1.3630 as RSI supports further downside pressure.

USD/CAD Intraday Signal: Watch 1.3690

The USD/CAD Intraday Signal reflects prevailing downside pressure as price remains capped below the pivot level at 1.3690. The immediate trend structure favors sellers, with RSI signaling potential for further slump and reinforcing the bearish tone. As long as price trades beneath 1.3690, the downside bias remains intact.

Immediate support is located at 1.3645. A decisive break below this level would confirm renewed selling momentum and likely extend the decline toward the extended downside objective at 1.3630. The inability to reclaim the pivot reinforces the short-term negative structure.

Trade Setup:

Enter: Short below 1.3690
Stop-Loss (SL): 1.3705
Target A: 1.3645
Target B: 1.3630

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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

Signal Disclaimer

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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