USD/CAD continuation
For these trade we have 2 options:
- Go LONG when price goes around support level (green line) IMPORTANT: still need reversal candle confirmation
- If bears push price down the green support level, then we wait for price to cross the 0.618 retracement at 1.30886 and then go SHORT
- Go LONG when price goes around support level (green line) IMPORTANT: still need reversal candle confirmation
- If bears push price down the green support level, then we wait for price to cross the 0.618 retracement at 1.30886 and then go SHORT
Note
Price went up without visiting green support, will keep updating for further instructionNote
Slowly aproaching our entry zone at 1.30886
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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.