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TimurKuspanov
Apr 18, 2018 3:49 PM

Swing trading with USDCAD. Canadian Dollar Long

U.S. Dollar/Canadian DollarFXCM

Description


in the last idea I gave a forecast for the completion of the correction and the zone for aggressive buying in long. As you can see she's worked. Also at the moment there is convergence at the end of the correction. Most likely the trend will continue. Resistance levels as well as targets are marked on the chart. Formed a diagonal triangle. Also do you remember the very long line of confirmation. You can also use a breakout of this line to enter a long position conservatively

Comment

those who entered the bottom can rearrange the stop close to break-even. This will reduce your risks in the position
Comments
TheEagle2018
Hi I missed the bottom as i was away any good suggestions on a entry point
TimurKuspanov
@TheEagle2018, Hi! Then enter after breakdown of the long line of confirmation on the chart. I said about it in this idea
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