USDCAD - Long Position
USDCAD could possibly be a long position based on double bottom on 1HR time frame and inverted head and shoulder pattern on 4HR time frame
Take Profit position is at green line above mainly due to a major consolidation area
You could hold your position to continue the buy, however I would advise if you wait for the break of the MAJOR CONSOLIDATION AREA and a retest before entering into the market to take profit at its weekly area (Red line)
Big opportunities on the markets this week
Happy Trading!
Take Profit position is at green line above mainly due to a major consolidation area
You could hold your position to continue the buy, however I would advise if you wait for the break of the MAJOR CONSOLIDATION AREA and a retest before entering into the market to take profit at its weekly area (Red line)
Big opportunities on the markets this week
Happy Trading!
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