USDCAD: Potential Cloud Breakout
U.S. Dollar/Canadian DollarFXCM
Description
⋅ We are already long on USDCAD on break above the Blue Trendline
- Wait for price to breakout of the Cloud Cumulus Formation for true bullish confirmation
- Future Stratus Cloud is bullish, and turned up to the upside
- Trail Stop, if entry is triggered by the Kijun-Sen
- Our max stop is below previous Fractal Low
- Profit Target #1 is the price touch of the GREEN Trendline
WAIT FOR CLOUD BREAKOUT (Cumulus Formation means strong possible resistence)