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StenB

USD/CAD - Double Bottom Long Setup (Indecision Candle)

Long
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
StenB  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Candlestick Analysis Double Top or Bottom USDCAD LONG indecisioncandle Double Bottom
3
0
supportandresistance candlestick doubletoporbottom usdcad long indecisioncandle doublebottom
Double bottom + indecision candle at a key resistance area = long trade for me! Maybe a stall around the 1.31500 - 1.32000 area, but that doesn't mean i shouldn't take the trade, lets see how it goes!

Entry @ 1.29500
Stoploss @ 1.28350
Take profit @ 1.32945
Risk/Reward Ratio = 3

If you follow my signals or trading advice, i am NOT responsible for any losses. I am still learning and i am currently NOT trading with real money. This is pure for educational purposes.

Happy trading everyone!

USDCAD
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