GoodLuckbabe
Long

BUY ON BREAK OUT OF COUNTER TREND LINE AND HOLDING OF TREND LINE

FX:USDCAD   U.S. Dollar / Canadian Dollar
284 2 15
This is a very nice counter trend opportunity. we can see sell of is very sharp but i am not expecting new bearish trend reversal here until we made a solid top i think this is just short term reversal with heavy sell off as we have seen this type of short term sell off before in this bullish trend i am expecting the top at 1.60 or at least 1.51 short cover reversal. buy the break out of counter trend line and confirmation of major trend line holding. we have break first 2 trend lines and price may reverse from 3rd or 4th trend line i am not expecting price will hit the 5th trend line
Comment:
Comment: FINALLY we have impulse there for which i was looking for so long buying after the correction is a good idea for targeting the higher high
Comment: update on earlier idea
Comment: https://www.tradingview.com/chart/USDCAD/tJi5RySJ-BUY-BREAK-UP/this is how i am following this pair
Comment:
GoodLuckbabe arif_awan
this is very very possible setup also targeting 1.51 this is short term reversal soon we gonna see bullish trend continuation
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