USDCAD (Education)
Updated
Whats up traders -
Educational post - heard some chatter in the chat rooms about this trade
This was likely a bull trap IMO -
Risk Protection - Stop Loss Protection - So important in this business. Let this be an example..
Educational post - heard some chatter in the chat rooms about this trade
This was likely a bull trap IMO -
- Trade (NAFTA) talks have put this currency pair on every novice traders radar
Long Running Bull Move
Consolidated Rectangular Patter
Breakout Above Rectangular Pattern
Longs then take their positions
Massive Price Dump
Risk Protection - Stop Loss Protection - So important in this business. Let this be an example..
Note
two solid bounces off of the new bull support line since this post is a solid sign of some good uptrend coming on this pair, IMO
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