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.
If you are interest more of my S/R Wave Zones forecast charts, you are welcome to join me in my SR Market Forecast Website and be a member.

for more info.:
http://www.srmarketforecast.com

Thanks
Happy Trading.
K.K. Choi
KaKeungChoi PRO
2 months ago
Resist Zone working perfectly well.
Reply
KaKeungChoi PRO
2 months ago
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
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out