We have a flag for a long position, we may enter when we have the confirmation that he breaks the resistance, or more risky to enter when is at 1.26615, but there is no confirmation that it will go up. Do not risk more than 2% from your account on any trade.
We have a break here, I am long, with SL at 0.85650. Let's see if it has the power to go up.
Let's see if will make a flat there, broke the higher, didn't have the power to go up, but let's see what it will do. Always we should have a sign to enter. It could also go high, but let's see what it will do.
Hard to say what USC/CAD will do, but from my opinion, I think it will go down. At the moment is in that corection, let's see what will do when it breaks. Now it's risky to trade.
This is a correction, to go up, needs to break the low and then to rise. Let's see if it can break the low first.
If it breaks the top, it should go to the next level. Wait to close above the first level.
Lets's see if it will go down, needs to close below to confirm and it should go to the resistance.
If the candle close above, should close go up, however you have a SL and TP there and don't trade more than 2% than you account.
Let's see if he breaks the flag there to confirm the sell. Take it only if he is closing below, also could break and return, every trade is a risk, to not risk more than 2% from you account.
If he breaks and important, closed above the line a 15 minutes candle, then should enter to sell. Take care of your money, don't risk more than 2%, and always with Stop Loss. Good luck.
Broke the trend line, it should go at least at the bottom and there to see what is happening.
We have a flat here, since he will re-test, we will wait for a flag, it should be short, but let's see if he breaks with power the resistance.
If it breaks the that trend line/flag we can entry Long.
Broke the trend line, with 15 minutes close above confirmation, let's see if it will go to 0.92749