PriceActionTrading
Long

USDCAD BREAKOUT FROM FAKEY INSIDE BAR D1

FX:USDCAD   U.S. Dollar/Canadian Dollar
236 3 5
BULLISH CONFIRMATION COMPLETED.
PRICE FAKED THE LOW OF THE INSIDE BAR
PRICE BROKE OUT OF THE HIGH OF THE INSIDE BAR AFTER THE FAKEY MOVE
AT THE SAME TIME CLOSING ABOVE THE D1 50SMA STRONGLY.
ALL OF THIS, HAPPENING NEAR THE BOTTOM OF THE CHANNELING RANGE.

I SAY ITS TIME TO BUY @ 1.254.
50% OF THE BIG BULLISH CANDLE
PREVIOUS INSIDE BAR HIGH
D1 50SMA SUPPORT

FOLLOW AND LIKE MY IDEA IF YOU WISH TO SEE MORE PRICE ACTION TRADING.
Thanks a lot. Im waiting to enter
USD/CAD back to UP trend
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similar idea with different indicator.
great chart!
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PRICE GOING STRONG. WILL BE SOMETIME BEFORE FAVORABLE RISK REWARD CAN BE REACHED.
FOR NOW, SIT BACK AND BE PATIENT.
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