Hi guys, a quick opportunity to go long on USDCAD, as my long term bias for this pair is bearish
on the higher time frame.
Enter the LONG position @1.3230 as the 1 HR chart break above short term resistance trend
line, retesting now at 50 EMA, main pivot, 0.382 fib retracement, massive MACD divergence
Target 1: 1.3260 (1% Profit)
Thank you for your support and feedback.
Trade: #8 (2017)
Date: 01/11/2017
Time: 09:00 GMT
on the higher time frame.
Enter the LONG position @1.3230 as the 1 HR chart break above short term resistance trend
line, retesting now at 50 EMA, main pivot, 0.382 fib retracement, massive MACD divergence
Target 1: 1.3260 (1% Profit)
Thank you for your support and feedback.
Trade: #8 (2017)
Date: 01/11/2017
Time: 09:00 GMT
Note
Here are the other time frameTrade closed: target reached
Boom! Price shoot up, as bullish momentum came in, move my target up to 1.3290 for 2% profit under 6 hours!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.