USDCAD breaking the down trend

FX:USDCAD   U.S. Dollar / Canadian Dollar
4798 15 145
Hi guys looks like it's about to break out , wait for a correction then buy seem like a good idea.

Trade with care.
Thanks for your support.
Good one :)
This was a really good call... I too had the break of the channel on my charts.
You are wonderful, sir Anil
+1 Reply
super fantastic
Hey there Anilmangal :-)
(Dude you are awsome :-))
Would you advise on a stoploss and Target?
Love what you do here!
IvanLabrie robdavid1111
He never provides that since it's part of his course's material.
If you have a working strategy to trade this you could enter, if not stand aside (or take someone else's reccomendation with stop loss and entry, at your own risk naturally).
+1 Reply
robdavid1111 IvanLabrie
Thanks IvanLabrie :-)
I can certainly do my own tech analysis on it, but always worth asking the Masters opinion :-)
+1 Reply
IvanLabrie robdavid1111
Yes, we're always learning...if you think otherwise you're done.
Did you see my post on it? The correction might take a while to happen, crude oil looks like will melt down from here for 2 weeks straight.
Is it currently retesting? Or was it a false break. I can't tell
Thank you for your sharing! There are 2500 pips ahead conservatively.
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