Mirandole
Short

USDCAD breaking down [Closed]

FX_IDC:USDCAD   US 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
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.

snapshot


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

snapshot



----> Same today on USDCAD :

snapshot



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