USDCAD LONG OR SHORT AT H4 DEPENDING ON THE PRICE ACTION
Hi Guys,
This pair can either go long or short and will depend on how it reacts to upcoming resitance.
Previously, it has been breached but the price tumbled down quickly.
Now, if the resistance will be breached again, I'm targeting the previous high at 1.33804
If it fails to breached the resistance and breaks the trendline instead, I'm looking to short this trade at 1.30716
GOOD LUCK
This pair can either go long or short and will depend on how it reacts to upcoming resitance.
Previously, it has been breached but the price tumbled down quickly.
Now, if the resistance will be breached again, I'm targeting the previous high at 1.33804
If it fails to breached the resistance and breaks the trendline instead, I'm looking to short this trade at 1.30716
GOOD LUCK
Comment:
I haven't done anything regarding this pair yet since as you can see, it did not break the trend line nor the resistance. Let's wait!
Trade active:
Good luck!
Trade closed: stop reached:
I did close half of my position going up then it plummeted down.