$USDCAD ; Potential Buy trade

Tuesday, February 2, 20160 comments

There is price rejection at the trendline as well as at the 50% fib level which creates a potential buy setup on USDCAD pair, I enter the buy trade at 1.38500 with stoploss 1.37800 and TP1: 1.14600 and TP2: 1.5100. If you not enter the trade than you can enter here at current level ie on 1.4232 level which is still look attractive or you wait to pull back at the entry point.


Recommended Forex Brokers

eToro : eToro is a world’s largest social Investment Network used by         millions of real traders in 140 countries. They are well Known for their       innovative beginner friendly platform and excellent customer support                                       

Easy-forex : A well established safe and secure broker that’s been operating since 2001. They offer a solid forex platform including MetaTrader 4 platform with risk minimization features such as fixed spreads  and guaranteed stop loss.

Share this article :

Post a Comment

Copyright © 2011. Forex Trading Solutions - All Rights Reserved
Proudly powered by Blogger