FX:USDCAD U.S. Dollar/Canadian Dollar
Thinking the usdcad is going to break/gap the weaker support and head for the overall drawn from the . This is if the price does break and close beneath the . if not, it looks like it will continue to rise based on the and the 100 . 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.