FX:USDCAD   U.S. Dollar/Canadian Dollar
39 3 2
8 months ago
USDCAD             closed today the session with a new higher low in the 1 hr             timeframe

I copy and pasted the upper trendline as the one that defines the roof of the channel and I pasted it in the bottom of the graph creating now a new channel.

30 pip stop for a 100 pip gain, which means a great risk reward

If we break to the upside the target, we can see 1.2915 and after that 1.30

We have CAD fundamentals tomorrow which might be the push to the upside that we are looking for, combining it with the fallen OIL             prices that we saw today.

Trade safe traders, regards! ;)
8 months ago
Comment: Unemployment news were excellent for the CAD, stop loss hit
martin7 PRO
8 months ago
snapshot
Reply
martin7 PRO
8 months ago
snapshot
Reply
martin7 PRO
8 months ago
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out