anilmangal
Long

USDCAD possible buy setup

FX:USDCAD   U.S. Dollar / Canadian Dollar
6469 12 171
The USDCAD             is in a daily correction. It is about to make a move to the up side which could be a nice buy if I get a break and correction.

Trade with care
Thanks for your support.
Comment:
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Hello, any update for this pair?
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I agree with Anil ultimately we will go long and who knows how today's referendum will affect things. Brexit aside, it appears the resistance level at the gap rejected the efforts to climb higher. Watch that area closely if it has a strong rejection we may retest the previous low and beyond. If it slams the window shut resistance could turn to support so a good place to look for a long position.
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This chart is on the 15 min because you would not be able to see price action on the 60 but I just wanted to show how you can trade gaps if anyone was interested.
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Another beautiful call, thank you for sharing this opportunity, as always =)
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Thanks for the chart update
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Hello Anil, do you think that usdcad can reach at 1.28500 or above today ?
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Thanks for sharing.
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When it breaks and closes above the counter trend line which Anil has drawn.
The market is extremely volatile right now nasin1991, it might be a good Idea if you waited till after the Brexit Event.
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Yippy,yeppy yes to up move on 60 minute.
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