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tomturner1752

USDCAD - Long H1

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
tomturner1752  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Support and Resistance Double Top or Bottom
0
0
supportandresistance doubletoporbottom
Potentially long position on USDCAD H1 timeframe. Potential double bottom forming at a major support level. Wait for it to become valid before buying. Price has very nearly hit the upwards trend support level, shown on the H4/D1 timeframes. Stochastics is showing as 'oversold' and RSI is reading 34%.
Trade at your own risk.
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