Hello guys, I am a 16 year old beginner trader so need as many inputs on this trade.
The USD/CAD had been obeying the trendline (shown in blue) for most of last week but when the market opened after the weekend, the price broke out and started pushing up. My idea is to wait until the price finds support at the 1.31528 (shown in orange) before going long.
Thanks, any help is much appreciated
The USD/CAD had been obeying the trendline (shown in blue) for most of last week but when the market opened after the weekend, the price broke out and started pushing up. My idea is to wait until the price finds support at the 1.31528 (shown in orange) before going long.
Thanks, any help is much appreciated
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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.