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ProSignalsFx
Feb 12, 2021 1:40 AM

🏛USD_CAD WILL GO UP AFTER BREAKOUT↗️LONG🚀 Long

USD/CADOANDA

Description


☑️USD_CAD broke the falling trendline on 1D chart
And we saw the pair retest the broken line as a support now
Which makes me bullish biased mid-term
Now, lets take a look at the 5H chart
We can see that the pair broke out the minor falling channel
And is currently trading below a local horizontal level
The breakout is a bullish signal
And we are planning to enter a short trade
We might see a small pullback from this level
Therefore, to enter a long trade we are waiting for a breakout
And only then we are entering a long on retest!
LONG!↗️
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Comment

Target 1 reached!

Comment

Target 2 reached!

Comment

All targets reached!
Comments
Stargazer_fx
great job mate,thanks for sharing
ProSignalsFx
@Stargazer_fx, appreciate!
Babenski
good job
ProSignalsFx
@Babenski, thank you!
Henry_Ross
Top idea!
FOREXN1
Very Nice explanation!
TheSignalyst
clean and clear :D thanks bro
ProjectSyndicate
so far so good, making nice progress today, congrats on hitting the initial target.
KABHI_FOREX_TRADING
Yes right bro,, Today short term US Dollar index also show bullish pattern like wedge breakout
ProSignalsFx
What is your take on my analysis?
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