USDCAD reversal
Updated
Monthly time frame - it hits support level (sign of reversal)
Weekly time frame - double doji form (signaling losing buying momentum)
Daily time frame - it just forming higher high and retesting previous candle resistance (now the support)
4Hr time frame - entry signal where PA stop moving to range support but open up and moving up instead.
SL 40 pip , TP1 1.214
Weekly time frame - double doji form (signaling losing buying momentum)
Daily time frame - it just forming higher high and retesting previous candle resistance (now the support)
4Hr time frame - entry signal where PA stop moving to range support but open up and moving up instead.
SL 40 pip , TP1 1.214
Trade closed manually
buying momentum faded with 2 doji pattern at 4hr timefram , close trade
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