USDCAD 240, broke of acceleration TL long to major descending TL

Another simple trade price has broke the acceleration TL also called minor descending TL we go long to the major descending TL that is a magnet for price! As conflunce we have a brake of resistence zone so the i ve put there the entry price cause the price should retrace and retest that zone when we see that retrace we ll take that for our entry long.

Kommentera:

Possible double top forming and dollar still too weak so maybe good idea take profit here and lookming at price action for another possible next entry