Looking to continue the trend on
USDCAD
with divergence on the 4H chart. the price action line is bouncing off previous price action and the trendline will be crossing the price line on the candle close. We have a nice area of demand below and the whole number 1.3000 to help prevent us from getting stopped out. I've placed the SL below demand and the whole number, with two profit areas. TP1 is a 1:1 trade and TP2 is a 2:1.
Happy Trading
USDCAD
with divergence on the 4H chart. the price action line is bouncing off previous price action and the trendline will be crossing the price line on the candle close. We have a nice area of demand below and the whole number 1.3000 to help prevent us from getting stopped out. I've placed the SL below demand and the whole number, with two profit areas. TP1 is a 1:1 trade and TP2 is a 2:1. Happy Trading
Trade ist aktiv:
Trade fell into the demand zone and reversed. We are in a small profit at this point.