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UnknownUnicorn1087693
Apr 8, 2018 9:31 PM

USDCAD (Daily) - Long Long

U.S. Dollar/Canadian DollarFXCM

Description

Daily: consilidation triangle so market is ranging
1) 62 EMA period currently acting as a support line
2) Stochastic indicator showing pair as oversold

4-hour chart:
1) falling wedge formed during downtrend, reveral signal, so next move is up
2) stochastic indicator has left oversold conditions
3) morning star bullish candles formed
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