TradingView
danserati
Jul 12, 2018 3:46 PM

USDCAD - Pull Back Long

U.S. Dollar/Canadian DollarFXCM

Description

RSI is currently as of now forming a hidden bullish divergence.
Price is currently at 4HR 50MA and inside our entry area is our buy area where it lies in between the 50MA and 200MA on the 4 hour chart
Yesterday's Daily candle was long bullish candle i expect momentum to continue.

Entry: wait for bullish signal in price action inside the entry area OR you can place a pending buy trade on the breakout to the upside of the entry area
Trade will be void if a long bearish candle crash through the red horizontal line

Trade closed: target reached

Target 2 hit
More