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Yuriy_Bishko
Jun 20, 2018 5:58 PM

USD/CAD Overview  Long

U.S. Dollar/Canadian DollarFXCM

Description

Price broke up upward channel which has blue lines on Chart. It shows that bigs players accumulated position for Long. Because currency rate was in the Range, where MM accumulated Volume after we sew bullish reaction on it.

For me the best option is to wait for PullBeak to key buy level. After 6 years in trading, I understood that the safest deals are for continuing of the trend.

I will open a deal if the price will come back to 1.3123 level.
S/L will be 50 - 60 pips.
Main T/P is before 14 months maximum: 1.3790

Also, near 1.3790 will be the key zone for short positions.
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