AS YOU CAN SEE #USDCAD IS ABOVE RESISTANCE.
If price is above resistance in D chart then it can be a Long trade.
It maybe a false break also.
WAIT FOR PULLBACK FOR MORE CONFIRMATION AFTER THAT TAKE THE TRADE.
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*You can see price is at resistance.
*And a GOLDEN CROSS. which indicate soon downtrend.
*if price hold below resistance then go short.
* double top
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:USDJPY at Resistance
:soon it will breakout.
:wait till conformation. it maybe long or short.
Althought RSI is already showing divergence.
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FOREXCOM:AUDNZD
Breakout Trade.
Break of upper trend line with bullish candle is a best conformation of breakout.
Buy
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COMMENTS IF YOU HAVE ANY IDEA ABOUT THIS TRADE.
FOREXCOM:AUDUSD
AUDUSD is forming Head and shoulder on Daily Chart.
Bullish after break of neck line.
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You can see USDCAD is forming Symmetrical Triangle from January.
And support trend line is respecting from February 2018. i think it will be bullish after break of triangle pattern.
PLEASE LIKE AND COMMENTS IF YOU LIKE MY ANALYSIS AND CORRECT ME IF I'M WRONG. FOREXCOM:USDCAD
