FX:USDCAD   U.S. Dollar / Canadian Dollar
Daily channel seems to have been broken if that's the case the we are likely to have a massive upward breakout. currently the bulls have good momentum based on the 4hr and hourly closed candlesticks .
Oct 10
Trade active
Oct 11
Trade closed: target reached: Target reached after a couple of retests, USDCAD could continue rising, we ust need to find a good entry signal.
I agree with your bullish view on USDCAD, we are also bullish on this currency pair here's our idea:
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Mateoo FXCM-EDU
@FXCM-EDU, I like your analysis, after your tp is trigered will observe if its safe for another buy
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Mateoo FXCM-EDU
@FXCM-EDU, Here we go
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It's going down...
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Mateoo FXGURU-Z
@FXGURU-Z, There is that possibility but my analysis says it will go up. Can l see how you came to conclude on the bearish move?
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FXGURU-Z Mateoo
@Mateoo, Wait till it retest the trend line that it broke, then that's when you'll have to go long... When trading break-outs make sure you wait for the re-test...
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Mateoo FXGURU-Z
@FXGURU-Z, I agree with you 100%. My stop loss is actually below the trend line. so we good hey
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FXGURU-Z Mateoo
@Mateoo, i'm still taking advantage of this pair going short...
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Mateoo FXGURU-Z
@FXGURU-Z thats great l actually did hedge it a little for a few hows but now l am mantaining my long position,
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