CADSGD - On good support

LONG - CADSGD
SL: 1.02185 (Suggested by our algorithmic system)
TP: 1.03394 (Suggested by our algorithmic system)

Reasons behind this idea:

1. Price is on multiple support levels

2. Stochastic showing bullish crossover on oversold level

3. RSI bullish divergence and close to oversold.


---------- Chart Drawings ----------

Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system

Trade idea from our mobile app: https://ibb.co/f4KbGQn (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!