newbie2016
Long

Inverted Head & Shoulder Pattern in USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
290 12 20
Buy on dips.
Comment: 1hr chart...

snapshot
Comment: 4hr chart..

snapshot
we will have to be a little bit patient again i guess
+1 Reply
there are good chances for another drop below 1.30 and then jump...
Reply
newbie2016 newbie2016
sorry 1.31
Reply
twmark newbie2016
you doing long term?
Reply
yes.. markets are crazy now a days... lets see tomorrow is going to be very volatile for ucad..
Reply
i am targeting 1.40.. i see oil deep down..
Reply
twmark newbie2016
nice, i am doin long term too and we have the same target, well mine was 1.37 , do you use stop loss if so , which target? or how many pips ? and i hope tomorrow ucad will go up !!!
+1 Reply
yes, if it stays above 1.30 then will be above 1.322 this time.. Stop Loss 1.28.. but its always good to book profits as well with intraday deals..
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twmark newbie2016
yup , cut the loss ;-) anyway ucad move alot during night !
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It is volatile now a days in asian session due to usdjpy...
Reply
now it look like good entry to buy
Reply
newbie2016 king.cholette
1.2915 and 1.298 area to long for 1.307 and 1.311 for intrday..
Reply
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