USDCAD the next thing I look at is....
Next week I will pay attention to this pattern of movement ....
There are many confirmed clues:
-fibo between 38 and 50
-round number
-support lines
-trend area
if the price breaks through my area and goes towards 100 sma I will treat the trade as a powerless area and I will not trade.
If the price gets to my area and bounces i will pay attention to candlestick bullish reversal patterns and watched to buy in 1h graph...
There are many confirmed clues:
-fibo between 38 and 50
-round number
-support lines
-trend area
if the price breaks through my area and goes towards 100 sma I will treat the trade as a powerless area and I will not trade.
If the price gets to my area and bounces i will pay attention to candlestick bullish reversal patterns and watched to buy in 1h graph...
Note
ho enter at 1.27300 ?
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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.