araguaney

DECISION TIME FOR THE USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
58 0 4
USDCAD             broke the downward channel it was in and aparrently its trying to form a bullish one, it broke 3 levels of S/R (red,blue and yellow) and it hit that broen S/R level and form a double top , on the daily there to long wicks against the 200 EMA so i may be leaning towards a move down, towards the lower part of the channel, but ill be watching that level before entering if it breaks the yellow line to the downside ill be looking for a 2618 trade and also an advance patter formacion is forming, and if it breaks the brown line i might be looking for targets to the upper dark blue line
Trade active: it broke to the the brown resistence line to the upside so i enter at 1.31512 TP at 1.32826 SL at 1.30681
Trade closed manually
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