I was analyzing USDCAD and I noticed two type of patterns. One pattern is a strong bearish pattern to a strong bullish pattern. Hope it helps.
Trade active
We might hit some short term resistance to the bottom. Feel free to re-enter later and take profit. We will probably see another boost back to the 1.38 levels. Just watching looking for a strong resistance zone. I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
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.
I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
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.