USD/CAD Breakout 1H
Seems like a false breakout is happening, but a breakout should be very close.
Sell when more than 2 bearish candles in a row close below the support level.
Buy if trendline is broken and more than 2 bullish candles close in a row. TP at resistance level. Buy again if resistance level is broken.
Sell when more than 2 bearish candles in a row close below the support level.
Buy if trendline is broken and more than 2 bullish candles close in a row. TP at resistance level. Buy again if resistance level is broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.