USDCAD: Bull run, over new support.
Updated
USDCAD: USDCAD broke resistance line at 1.2175, and respected
nicely, started fresh bull rally, now became support level.
i tried to draw bullish trend channel (without higher low),
looking for long setup 1.2182,on lower level or trend channel.
it looks good for long setup, at newly formed support: 1.2175
(it could be big bet for marathon)
*trade channel based on hourly chart.
Technical- Based on S/R and trend channel :
- Next Resistance: 1.2246
- Support: 1.2175 (best buying price)
! leave feedback please.
Image-
nicely, started fresh bull rally, now became support level.
i tried to draw bullish trend channel (without higher low),
looking for long setup 1.2182,on lower level or trend channel.
it looks good for long setup, at newly formed support: 1.2175
(it could be big bet for marathon)
*trade channel based on hourly chart.
Technical- Based on S/R and trend channel :
- Next Resistance: 1.2246
- Support: 1.2175 (best buying price)
! leave feedback please.
Image-
Trade active
SL move to 2.1785Trade active
Trailing SL hit, Level testified as strong support, respected 4 times in very short time period.Trade closed: stop reached
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