WBGwen

USDCAD PREPARE FOR BREAKOUT, RALLY POSSIBILITIES

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Watch the breakout.
If the price break the trend line we can buy all the way to 1.3600

HOW TO TRADE:
1) Watch the price for breakout the resistance trend line in H4 time frame
2) Wait for correction to previous support/fib retracement
3) SL in current support (in retracement candle) or previous support.

(Note: Always trade with the proper money management)

Please like, comment, and subscribe to support the author if you find this analysis helpful.

Cheers :D
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.