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MtxTrader

usdcad long Position Active at Support TL Rejection

Panjang
Dolar A.S. / Dolar Kanada (FX:USDCAD)  
MtxTrader  
FX:USDCAD   Dolar A.S. / Dolar Kanada
USDCAD 4h LONG Bullish Patterns priceaction support Trend Lines rejection
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usdcad 4h long bullish priceaction support trendline rejection
Just as I explained in my previous post, USDCAD is going up. (I linked it to this one)

Price bouncing up off support after rejection - this rejection is clearly seen by the long lower wick of the candle below the trendline.

This chart is the same as previously, but it shows how I am trading this.

Price should comfortably retest the resistance at 1.3210, but my target is slightly below that - just in case.

Patience is Key.

Idea Berkaitan

MtxTrader
USDCAD 4h Educational Post
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