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JoeMatkinFX

DESCENDING CHANNEL / LONG / USDCAD

Lång
USA-dollar/Kanadensisk dollar (OANDA:USDCAD)  
JoeMatkinFX Uppdaterad   
OANDA:USDCAD   USA-dollar/Kanadensisk dollar
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
Descending channel, corrective nature rejection from trend line would trigger the trade or break of pattern for a less risky trade. We will likely move up too HTF structure this giving us a longterm short position.
Handel aktiv:
Active since 1 hour retrace candle, just bear in mind that it might not break now so make sure yours stops are not too tight
Kommentera:
Locked in for some profit.
Kommentera:
We will look for continuation pattern / hover under structure for a second entry, price could reject from this point also we will see.
snapshot
Kommentera:
Current analysis seems less likely to go up to the upside as of now, still very possible tho.
snapshot
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