KaKeungChoi

USDCAD - Trading the S/R Levels and Zones

FX_IDC:USDCAD   US DOLLAR / CANADIAN DOLLAR
90 2 5
USDCAD             - Trading the S/R Levels and Zones

Trading Rules:
All S/R Zones has power to reverse the trade, but once broken with a closing candle Support zone will become Resist zone, and Resist zone will become Support zone .
Only trade when levels in zones are touch for the first time with a 1 hour engulfing candle to confirm the reverse.
Do Not chase             price, let the price come to the S/R zones before entries.
S/R levels between zones can be use as Take Profit or stop lost location.
Price retreated from Resist zone, and is climbing back up again, this time I am waiting for signal at the blue colour trend line, as the resist zone is weaken.
snapshot
Reply
Resist Zone working perfectly well.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out