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DLavrov

USDCAD Buy Opportunity

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
DLavrov Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Technical Indicators Forex forexsignals USDCAD
98
27
trendanalysis supportandresistance indicator forex forexsignals usdcad
The price moves sideway between 1.29000 and 1.28200 levels. DMI is bullish and ADX line confirms the strength of the price movement. We have a new trading opportunity. Long trades can be opened based on a breakout above 1.29000 level. Stop orders must be placed at 1.28000 level. Profit targets should be not far from 1.30000 and 1.31000 resistance levels.
Comment:
It's time to move stop orders to break even level and fix a part of profit.
Trade closed: target reached
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