"

Monday, November 25, 2013

Home / Forex trade setups / USDCAD / USDCAD Trade SetUp

USDCAD Trade SetUp

by on in ,

Looking for a retest of the main broken falling channel as price forms multiple pin bar candles at rising channel resistance. A slight divergence on RSI as well.

 I sell USDCAD at current market price and targets are T1 = 1.05150 and T2 = 1.04900 with stop loss at 1.06050.
Author Image

About ashaab
Been trading the forex market since 2003. Learned a lot of different trading strategies and met some good traders willing to teach me. At the end i have choose ichimoku and Harmonic patterns as my main strategies beside using support and resistance. I will share in this blog about my trading activities and trade analysis. Hope who ever read my blog will find it useful..

Newer Article USDJPY Trade SetUp Hit the target Older Article USDJPY: Moving above the resistance at 101.53
Related Posts:
By at
Labels: ,

No comments:

Post a Comment

Please do not enter any spam link in the comment box.

Subscribe to: Post Comments (Atom)