Manu76

looking to long usdcad

FX:USDCAD   U.S. Dollar / Canadian Dollar
52 0 4
1) Waiting for confirmation of the break. (must break the cloud, the trend line and find support above it)
2) If the trend line breaks, then waiting for the retracement into the 0,236.
Note: the market may go below the 0,236 to find support on the trend line (previous resistance). My two targets are on the chart.

Rejection of the trend line invalidates this trade.
Note: a rejection of the trend line can mean:
1) a deep move down
or
2) a consolidation before testing the trend line again.
Order cancelled: 1) trend line broken
2) cloud broken
3) price did not hold above the trend line

Price tries to hold above the kumo but I decide to cancel and wait for a better entry. Now market will consolidate or break down to new lows
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out