Mirandole
Short

USDCAD breaking down [Closed]

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
-----------------Update : 29/07/15---------------------------
Profit Taken at 1.2915
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USDCAD is breaking down the last uptrend movement.
Next supports to reach : 1.2946 then 1.29

Comments

How to trade this (guidelines not rules) :


- It is usually good to Buy 2nd touch on support level and good to Sell the 3rd and 4 touch touch on the same support level.



- Zoom in 4H at the breakdown moment of this strong support.




----> Same today on USDCAD :




But be careful, « every trade while similar may have different context. or background story »
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