USDCA, Review !!!
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My view USDCAD
W1:
- Tendency: upward
- The price broken trendline.
- Candle: Double bearish outside !
-->Wating pullback, test trendline.
--> Given signal--> BUY
D1:
- Structure: Uptrend
- Tendency: The price tesed resistance Daily
-->Downward ( present)
--> Waiting test support--> BUY
( Continuous trend)
H4:
- The price is testing support
--> Waiting breakout-->Sell
W1:
- Tendency: upward
- The price broken trendline.
- Candle: Double bearish outside !
-->Wating pullback, test trendline.
--> Given signal--> BUY
D1:
- Structure: Uptrend
- Tendency: The price tesed resistance Daily
-->Downward ( present)
--> Waiting test support--> BUY
( Continuous trend)
H4:
- The price is testing support
--> Waiting breakout-->Sell
Nota
Strategy sell USDCAD Nota
move stoploss to entry !Nota
Nota
Profit >120pip. The price breakout support.Move stoploss to 1.3170
Nota
H4:- The price broken support.
- Below support
- Move to trendline
Nota
take profit 1/2: 130pip.Nota
USDCAD is pullback 40pip, move to 1.3130. Waiting signal !Nota
No signal !Nota
Great USDCAD!
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