FX:USDCAD   U.S. Dollar / Canadian Dollar
Nice setup here. wait for pus to the upside of resistance, enter on price action confirmation at its trend-line/support ( Double bottom entry)
We could see a break to the upside, followed by a deeper re-test of monthly Support @ 1.28000, so it is essential we wait for price action confirmation at the trendline/support a Bullish engulfing candle close/significant Pinbar will do.

Tighter SL can be adopted here, if we see a clean push & exhaustion move. ensure SL is below the 61.8% fib on entry if we see a move like the above projection.

Reply
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out