USDCAD - possible long setup.
USDCAD gave us a cypher pattern.
Oversold on RSI
Divergence on smaller time frames for the up side
Forming hammer on daily trendline.
Stop loss should be under the X wawe.
Target 1 - 1.33050
Target 2 - 1.34102
Oversold on RSI
Divergence on smaller time frames for the up side
Forming hammer on daily trendline.
Stop loss should be under the X wawe.
Target 1 - 1.33050
Target 2 - 1.34102
Comment:
Move your stop losses to break even.
Comment:
I'm taking partial profit from this one, you guys should do that too ;) happy for those who followed.
Comment:
Target 1 reached
Target 2 reached
That was pretty quick :)
Target 2 reached
That was pretty quick :)