Liamking894
Long

USDCAD long prediction

FX:USDCAD   U.S. Dollar/Canadian Dollar
Thinking the usdcad             is going to break/gap the weaker support trend line and head for the overall trend line drawn from the daily chart . This is if the price does break and close beneath the support level . if not, it looks like it will continue to rise based on the daily chart and the 100 EMA . Just my thoughts of course. Feedback very much welcome.
Comment: NOTE: It looks like my overall trend line is not drawn on this chart, but it is right where the buy position is and the blue level of support.
Comment: Update: Price eventually did break the support trend line and headed for the buy area that I had marked. *Second time using the platform but I think i should have extended the buy zone* Will see how it turns out, looking at the charts it's a high take profit so trade may take longer than expected
Trade closed: target reached: Take profit hit.
bullseye on that trade!
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Liamking894 SkyWalkerFX
Appreciate it! lol
caught it nicely
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