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Sable
Jul 10, 2016 7:59 PM

Short Term and Long Term UCAD Long

U.S. Dollar/Canadian DollarFXCM

Description

I am expecting a pull back to 1.29511 (MT4) I will have buy orders at that point with SL under previous swing low.

If 1.29511 does not trigger wait until 1.31200 to take a buy

UCAD continues to make higher highs.

4HR UCAD is in an ascending triangle. Break above to top of uptrend channel.

Long term TP is 1.35004 (for now) (MT4) 1.35689 (TV) This is also 50% level of weekly swing high to swing low

Longer term is 1.38316 618 level of wkly swing high to swing low.

Please follow your own analysis when opening your positions.
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