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mlwinter
28 juin 2016 05:27

TWO SCENARIOS FOR USDCAD Long

U.S. Dollar/Canadian DollarFXCM

Description

For long: Look for PA in yellow box. I favor long position at 1.29 area. It's also possible to see bounce at 61.8% 1.285.

For short: Breach of 1.285 will trigger my sell targeting 1.268

Commentaire

Price is very close now. Look for possible support

Commentaire

Hourly has printed higher high. Buy the dips.

Commentaire

nice rally

Commentaire

Second last H4 was a good reversal hammer. Will enter long once a higher low around 1.292 is form on H4 or multiple rejection observed on H1/M30
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