jrock77

a look at usdcad

Long
jrock77 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
there is a clean momentum turning point line on chart in the last important low. important because that low created a higher high in a clean turn of organized price action. that blue line on chart is a good tp for sell and a very nice spot for a buy limit order. sl 40 to 50 pips and tp 150pips. i caught gbpaud same exact way this morning. clean turn guys very reliable






Comment:
the best buy is at 1.3198 for 150 pip tp at 1.3363 and a 25pip sl at 1.31662. the spot in chart is a decent area for a low risk buy for possible retracement maybe 40 pips. after observing more price this is what i feel comfortable trading.

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