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DLavrov
May 7, 2018 1:53 PM

USDCAD Buy Opportunity  Long

U.S. Dollar/Canadian DollarFXCM

Description

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

Comments
nohoidoloo-
update pls
KAGOR_INVEST
In my opinion USD/CAD will down 1.2630
KAGOR_INVEST
@KAGOR_INVEST, middle term
DLavrov
@KAGOR_INVEST, yes, now the price is below the cloud - it's a bearish market.
fxrookie
Well done!!
DLavrov
@fxrookie, thanks!
djukic.nebojsa
Well done!
NicolasBourbaki
@Djukic.nebojsa, It didn't hit 1.3, how is that well done. trade's still active
DLavrov
@Djukic.nebojsa, thanks!
Jasiek2013
good jop :)
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