Nico.Muselle

USDCAD - keeping options open

FX:USDCAD   U.S. Dollar / Canadian Dollar
This pair has been in a downtrend for the last couple of days, but still has not created any lower structure. Looking at the chart I see 2 potential trade setups.

If price breaks through the support line we might be looking at the blue bat taking it down to 1.2150's as there is very little in between to stop it.
If price fails to break through support, it might rally to 1.2720's.

Both options are still very possible at this moment.
New !!!! Crypto High Tops available now on https://unicornllama.com
Do also check our brand-spanking-new Crypto Sports Edition
Check our live crypto trading channel on Twitch : https://www.twitch.tv/cryptotraderstv
Hi- is their a intra-day opportunity here....
Reply
It looks like the second scenario is happening !
+1 Reply
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