stockmarketdaytrader

Breakout Occurring Right Now

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
4
We have a major candlestick on the daily chart, which say prices are headed up! I can see 2 back to back inverted head and shoulders patterns, major signal for buying! Price action started to consolidate right on a pivot point level, and the text books say it is finding support there! Major railway tracks on the daily chart, another very powerful signal to buy! 4 hour chart has broken through a trend line and a neckline, it is also showing a price continuation pattern in the upper direction! We have a spinning top forming right on the neckline, this tells us that price action has found support there and will now look to get higher! We have a trend line break on the 30 minute chart. 15 minute chart histogram divergence. Folk's it doesn't get better than this, you can see that there is so many signal collected, that this trade will go up! I don't say so! The rules of Forex say's so!!!!!
Comment:
What a great trade, I just banked over 50 pips @ 2 lots a trade, I love it !!!!!

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