davyon

Trend Line Breakout and Restest on US/CAD

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Im looking at a trend line that was form on 2/2/18 and the us/cad had been respecting it until 03/21/18 when a drop in price pull move the price enough to make a breakout, we should try to wait for a pullback and restest of this trend, to enter at 1.29600 and looking for the price to drop to 1.26110 for some 350 pips.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.