JasonLundy
Long

USDCAD in pullback range from larger timeframe uptrend, buy

FX:USDCAD   U.S. Dollar / Canadian Dollar
We are looking for the magenta line to take profits... Of course it can go to new highs, but at least most of our position is sold at the magenta line... why? we are currently in a range, and this is the magnetic zone. It is where price bounces back to before going lower, and ultimately, it is where the price will blast off to new highs from... Ok, our support line is fairly obvious... our stop is below the low... but our support line is showing the area where only fat tails peirce... Our take profit area is pretty basic, we have a previous hit in that zone, as well as previous support and resistance on that line.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out