Tradeciety
Long

Reversal in the making

FX:USDCAD   U.S. Dollar/Canadian Dollar
124 1 4
1.257 is a major level on the (check the left weekly chart).

On the 4H (right chart) we see a classic reversal pattern: divergence, break of the moving average and higher lows.

If the moving averge holds, we can expect further bullishess. A break of the moving average would cancle the trade idea.

The scenario on the Dollar Index             supports the scenario.
HAIYOU
7 months ago
let us place long order around 1.2600
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