tntsunrise
Long

USDCAD BREAK OUT + PULL BACK

FX:USDCAD   U.S. Dollar / Canadian Dollar
3300 24 103
USDCAD            
BREAK OUT + PULL BACK

1.2662 is the level i will buy

SL: 1.2580
TP1: 1.2740
TP2: 1.2940
Trade active: BOUGHT AT 1.2662
Comment:
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Comment:
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Comment:
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very solid support
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SL HIT
+1 Reply
when crude oil will down then usdcad will go up.. now no chance crude oil will come down just like little bit down then again up
Reply
tntsunrise TOP Qasimshahzadgt
oil fall below 43.55, means it will come down
Reply
Qasimshahzadgt tntsunrise
yes come down but little ... usdcad too much down....before 2 month same this price crude oil and usdcad up now usdcad down and same price crude oil up
Reply
Daily chart is supporting your idea :
Reply
Zohaib_Malik Zohaib_Malik
snapshot
+1 Reply
FXCM Speculative Sentiment Index is currently 1.7 traders long for every trader short. The SSI is a contrarian indicator, which means you trade against the crowd-or in this case, the long positions. I am waiting for this short term correction to play out. I will use divergence to time my short entry. Be patient - price is currently reacting to the 38.2% retracement of the move up from 29 July 2011 - 22 Jan 2016. (weekly chart)
Reply
USDCAD Down trend
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I am also long on usdcad now by the way I have earned from this pair pretty much good this week.. https://youtu.be/BFba9YGq7yo
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