USDCAD waiting for breakout confirmation .

TradingView

Go PRO

Short

U.S. Dollar/Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar/Canadian Dollar

I have learnt to wait for the market to give me confirmation before I take a trade.
Even when i have a high probability trade that I have great confidence in I WAIT FOR CONFIRMATION.
Selling the break out is a great idea, we have been watching this pair for the down move for a while now and it keeps making new highs ,so waiting is a smart thing to do .

Like and comment if you agree.

YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457

Related Ideas

about AUDNZD 21

about GBPCHF 30

about BTCUSD 16

about XAUUSD 3

about AUDUSD 52

IS VERY GOOD ANALYSIS

MILAD-FX-26

I still believe CAD will Fly verses USD

I would still wait for sell set up.

There could be one final push for Wave 5 with a divergence.

I believe., Selling would be safe only if the price breaks below invalidation.

Spot on!

Laliberte

Is it too late to get in on this trade?

Anil, i believe this a BIG break out, what do you guys see??

gbfx9

Beginning to look more like a trade now. If you're patient, You'll benefit a lot!

I am still long for one more spike up, but I agree with the idea, because your entry is my stop, which confirms that I am bailing out on the right spot, if it breaks I will switch sides

NidalDarawsheh

"I have learnt to wait for the market to give me confirmation before I take a trade.
Even when i have a high probability trade that I have great confidence in I WAIT FOR CONFIRMATION. "

Community & Tools

House Rules Moderators People Chat Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar AppStore

For Business

Website & Broker Solutions Widgets Charting Library Trading Terminal Brokerage Integration Advertising Referral Program Content Streams & RSS

Support

Status Page Blog Feature Request Help & Wiki FAQ Contacts

About

How It Works Features Compare Plans Press Terms of Use Risk Warning Privacy Policy Cookies Policy

Made with

From the creators of MultiCharts

Select market data provided by ICE Data services