USDCAD, forecast next week !
My view USDCAD
W1:
- Structure: Downtrend
- Tendency: upward and breakout trendline
- Candle: Bullish
--> Buy
D1:
- Structure: Uptrend
- Prior tendency: Strong downward
- However: The price given prior strong bullish.
H4:
- Prior tendency; Downward, weakning
- Minor double bottom
- Test trendline H4--> given signal up !
W1:
- Structure: Downtrend
- Tendency: upward and breakout trendline
- Candle: Bullish
--> Buy
D1:
- Structure: Uptrend
- Prior tendency: Strong downward
- However: The price given prior strong bullish.
- Prior tendency; Downward, weakning
- Minor double bottom
- Test trendline H4--> given signal up !
Kommentera:
Kommentera:
Move stoploss to entry !
Kommentera:
Kommentera:
Kommentera:
Profit >140pip. Close 1/2 volume.
