ForexDailyUpdate
Long

USDCAD: Quick Pop and Resistance

FX:USDCAD   U.S. Dollar/Canadian Dollar
5 months ago
We have a trend that has retraced to a 0.382 indicating a trend -continuation. We're likely to see our daily resistance tested once more to give us a double-top for a nice SELL opportunity OR break through the resistance level and double-bottom on the 'now' support and rally.

Currently we're at a poor R-R ratio to enter so wait to test resistance level to ride price action!

Happy Trading!
5 months ago
Trade active
5 months ago
Trade closed: stop reached: Target Reached. Good trading!!
papawinnie
5 months ago
duble top please!! :D
Reply
ForexDailyUpdate
5 months ago
We've confirmed the breakout and going LONG... Stops for the LONG position are going to be at 1.30200, which is were we have minor daily resistance. Should be an easy 75pips.
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