USDCAD LONG Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 1, 2014 10:08 AM

USDCAD has been testing the 100 and 200 EMA, forming a nice price action fake pattern.
I am long @1.0864, first target below 1.1000, second target below 1.1200.

Petr

USD (US Dollar)

Comments

Technician

⋅ Sep 1, 2014 4:25 PM

How about the stop ?

vaicru

⋅ Sep 1, 2014 10:11 AM

Do you see an inverted H&S ?

Petr_Suchanek

⋅ Sep 1, 2014 10:13 AM

Yes, sure. This is another piece of confirmation to go long off here.