martin7
Long

USDCAD in decision area

FX:USDCAD   U.S. Dollar / Canadian Dollar
82 0 1
We have the UC0.00% at a level where it has 2 break either a bullish or bearish trendline .

If we break to the upside, (Which is the most probable), I have as 1st target 1.3450 and if we break that level, we set targets to the upside and 1.45 as last target. Buy stop at 1.3390

If we break to the downside the black trendline we would be breaking the longterm bullish trendline (Both trendlines in red circle) as well and therefore entering bearish territory. I have as downside target, 1.28

Let´s see what happens. Trade safe traders REgards! ;)
Trade closed manually: My buy stop was activated but price came back down and form a doble top with that 1Hr spike canddle. I closed the trade at -20

Such a shame I didnpt place a sell order for the bear scenario.

Anyway, it was a great lesson. Trade safe traders, regards! ;)
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out