FX:USDCAD   U.S. Dollar/Canadian Dollar
2 months ago
There's confluence of support and resistance in this price area.
1) Major support/Resistance area, blue horizontal line, price has been found historically to reverse.
2) Long term trend Resistance
3) Short term trend support

If we see a break of (3), and (2) holds its resistance, (1) should help sellers to take control and set in motion the reversal.

Good trading this week all!

2 months ago
Trade active
2 months ago
Trade closed manually: I closed it, i noticed there's a FED outlook news in about half an hour.
2 months ago
Comment: Don't know what kind of volatility to expect, that's why I closed this early
2 months ago
Comment: Re-entered my trade order
2 months ago
Trade active
2 months ago
Trade closed: stop reached
Keep It Simple

Related Ideas

epsion22
2 months ago
excellent call, in this trade as well. Lucky that the fed news still gave time for an entry
Reply
Cenotaph PRO epsion22
2 months ago
Yes exactly, I managed to re-enter after the news just fine. Thanks :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out