nxtleveltrader

USD/CAD has a decision to make!

FX:USDCAD   U.S. Dollar / Canadian Dollar
32 1 1
The USD/CAD             has come back up to weekly and daily resistance of previous lows. It seems to have broken the daily downwards trendline . So the start of a new up trend could be possible. Notice the 4 hourly consolidation as the market decides what it will do. A breakout of this wedge could be a good trade opportunity in either direction, back to nex levels of support or resistance. Lets keep an eye on it!

Note: Please like this idea if you agree or post a comment if you have any other views or opinions id love to hear them. Thanks!
Looks to be breaking out to the up side, buying this break out could be nice little trade, going to follow it up to at least the daily 200ema.
snapshot
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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