Stargazer_fx

USDCAD made a potential False Breakout.BUY on small pullback...

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
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USDCAD
The price made a potential false breakout of the support/resistance level,after a pullback if price holds the support then there is chance that price might continue to grow,wait for the price to reach the zone and if price gives any bullish signal then look for Buy..


For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to BUY..
Trade it with proper Sl..
In case,If price don't give any bullish signal then don't open trade and wait for another opportunity..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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