Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Awaiting clear breakout signal before going long
U.S. Dollar / Canadian Dollar
Long
Awaiting clear breakout signal before going long
By dchua1969
Follow
Follow
Updated
Jun 30, 2020
5
Jun 28, 2020
USDCAD on the day chart appears strong and could breakout from the bearish trend line and heads up towards 1.38307.
Wait for the breakout, establish bullish signals patterns before taking your long position.
Jun 30, 2020
Note
hmmm, 1.37 proves to be a strong resistance. Watch it closely in case it tumbles again from the bearish trend line. Tricky
Chart Patterns
Trend Analysis
dchua1969
Follow
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
.