USDCAD sell opportunity
Trade active
Comment:
Nicely falling
Trade closed manually:
Trade closed manually in profit and left a small position which stopped out during NFP
Comment:
LOL..This is market..
Price broke out of uptrend and pulled back to the 618 fib level which is a good reversal zone
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Hello Roncriss!
Could it perhaps be possible?
Or do you mean USDCAD continues bärish?
What do you think?
Could it perhaps be possible?
Or do you mean USDCAD continues bärish?
What do you think?
Reply
Personally am bearish on ucad,Look at the blue falling Trendline on my chart, if that is broken then can start thinking of buying.
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If you had done your trendline using the tip of the candle this would have been a top trade., I have read thats how you do it, why dont you?
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If you look to my charts , i usually use the tip of the candle and not the close of the candle body but sometimes i use more than trendlines to analyse the market,The reason i decided to close the trade before it actually hit my TP was the NFP news i could not risk it as my SL was above 1.32500
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