DK_Investment

USD/CAD - breakout trade

FX:USDCAD   U.S. Dollar / Canadian Dollar
- market prices moves currently within triangle and is near important resistance line
- open long if if 4 hour candle close above triangle trend line
- open short if next 4 hour candle close under triangle trend line
- the end of first row is also first take profit and the second one is take profit two
- RSI is near resistance line - expect market up movement if the resistance line breaks up
Comment:
Tp1 reached
Trade closed: target reached

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.