TradingView
Mirandole
Jul 28, 2015 3:10 PM

USDCAD breaking down [Closed] Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

-----------------Update : 29/07/15---------------------------
Profit Taken at 1.2915
--------------------------------------------------------------------

USDCAD is breaking down the last uptrend movement.
Next supports to reach : 1.2946 then 1.29
Comments
Mirandole
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 »
More