USDCAD buy set up
Updated
USDCAD is enjoying and creating support area!
On 4h chart
--> Been testing this area 17,18 & 30 march
--> 8 Apr tested it again @ 1.2940 - 1.2950 area again
--> Weekly support could be a false break???
potential buy opportunity
Entry 1: 1.2918 ( first support level 4h chart )
Entry 2: 1.2880 ( above weekly support )
SL: 1.2867 ( 3rd support 1h chart )
TP1: 1.3000 ( below 2nd resistance level 4h chart )
TP 2: 1.3045 ( below 3rd resistance level 4h chart )
Discussion always welcome !! :)
On 4h chart
--> Been testing this area 17,18 & 30 march
--> 8 Apr tested it again @ 1.2940 - 1.2950 area again
--> Weekly support could be a false break???
potential buy opportunity
Entry 1: 1.2918 ( first support level 4h chart )
Entry 2: 1.2880 ( above weekly support )
SL: 1.2867 ( 3rd support 1h chart )
TP1: 1.3000 ( below 2nd resistance level 4h chart )
TP 2: 1.3045 ( below 3rd resistance level 4h chart )
Discussion always welcome !! :)
Trade closed: stop reached
You can't have it all !!
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