in triangle Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Mar 12, 2014 11:38 AM

possible in triangle move, MACD shows divergence, SL above previous highs

Comments

itaskar

⋅ Mar 13, 2014 12:55 PM

good support area betwen1.1080-1.1030. Iam out with 80pips.

ForceFollower

⋅ Mar 13, 2014 1:04 PM

I agree. It has paused at a strong support level. It may be an opportunity to go long.

itaskar

⋅ Mar 13, 2014 1:23 PM

still can be eva eva double top

itaskar

⋅ Mar 13, 2014 1:31 PM

but ichimoku seems to be against double top, thats why iam out.

ForceFollower

⋅ Mar 13, 2014 1:54 PM

I see. Very well then. I'm not going long either. But it doesn't look too bad, if someone is bullish.

ForceFollower

⋅ Mar 12, 2014 5:29 PM

A good eye, a triangle indeed! Let's see, if it gets to 1.1. :-)