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Black-Capital
17. Jul. 2021 17:25

USD/CAD Future Long Long

U.S. Dollar/Canadian DollarFXCM

Beschreibung

We have 3 Moving averages below price on 4h

We see an uptrend but price rejected 1.2625 level multiple occasions
As a result it is possible that price could break through,
However I believe price will correct itself as people take their profits before price then rejects support and creates a new high.



Trade geschlossen: Ziel wurde erreicht

So price closed above resistance, then retested it once and went up.

This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.

id say this is a

W
Kommentare
Black-Capital
So price closed above resistance, then retested it once and went up.

This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.

id say this is a

W
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