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asoto81

USDCAD - Parabolic move to multi year high resistance level

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
asoto81  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis USDCAD
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trendanalysis usdcad
  • Long term bias: Neutral
  • Entry details: Parabolic move to 3 year high resistance level signaling possible bullish exhaustion. Target last higher low in the weekly chart. R:R=7.37. Possibility to trail the stop loss once price gets around 3R-4R
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