Wave-Trader

USDCAD Only buy the strong breakout during FED rate decision

Long
Wave-Trader Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi fellows, This trade setup is only for FED rate decision. If you see the breakout then simply buy the breakout. If you dont see the strong breakout because of the FED rate decision then this pattern can change and can stay bearish for one more leg up to 1.19. So far look for breakout during the FED rate decision. Remember only buy the strong breakout. If we see the strong breakout then It can surge up to 1.3o areas as i explained in the weekly market outlook.
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Nice breakout move on break even and look for longer term reversal.
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If you are in move on breakeven watch for another breakout fellows.
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watch price action if do not breakup then look for one more leg down and then reversal from bottom
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Watch breakdown

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