USDCAD Multiple AB=CD
Guys, from the chart we can see there are
Two groups of ab=cd (Red Color)
and they formed a BIG AB=CD (Black Color)
Therefore the USDCAD can still move higher
till 1.3575- 1.3640 area
However, Knowing where it might go
wouldnt help you make money.
We need a Trading Plan to enter !
Solution:
Find pull back of USDCAD (1.3060-1.3080) to buy
SL: 1.2095
TP: 1.3570
Guys, from the chart we can see there are
Two groups of ab=cd (Red Color)
and they formed a BIG AB=CD (Black Color)
Therefore the USDCAD can still move higher
till 1.3575- 1.3640 area
However, Knowing where it might go
wouldnt help you make money.
We need a Trading Plan to enter !
Solution:
Find pull back of USDCAD (1.3060-1.3080) to buy
SL: 1.2095
TP: 1.3570
Trade active:
1.3080 touched
Trade closed manually:
1.3080 TO 1.3130 earn 50 pips
rest trade hit Break-even Sl
rest trade hit Break-even Sl
Comment:
Comment:
Just worked the same as i draw
Thanks TanveerAlam