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VaidoVeek

USD/CAD | Short-term Reversal Area

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
VaidoVeek Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns USDCAD dollar Forex forextrading trade trader forexmarket forexnews analysis
43
6
trendanalysis indicator chartpattern usdcad dollar forex forextrading trade trader forexmarket forexnews analysis
Hi,

USDCAD approaching a possible reversal area. Trade is triggered after you have seen a bullish price action inside the green area.

Criteria:
1. Trendline(s)
2. Channel
3. Wave
4. Round nr.
5. Fibo Ext.
6. Yearly high

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Best regards,
Vaido
Comment:
The first half of a plan has occurred - the price is inside the green area.
snapshot
Here comes the hardest part - you have to be patient!
Wait for a bullish pa. Let the price action guides you into the trade!
Comment:
4H candle close above the 15 min Head and Shoulders needed to trigger the trade!
snapshot

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VaidoVeek
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