USD/CAD - LONG
Updated
1M
Last month price tested weekly support, but closed below Bullish EMA.
1W
3 weeks ago we formed a new HL with a bullish engulfing / inverted hammer candle stick. Last week closed above bullish EMA.
1D
Bullish EMA price trading above it.
4H
Bullish engulfing candle formed while rejecting the EMA support. Take Profit set at the next daily resistance.
Last month price tested weekly support, but closed below Bullish EMA.
1W
3 weeks ago we formed a new HL with a bullish engulfing / inverted hammer candle stick. Last week closed above bullish EMA.
1D
Bullish EMA price trading above it.
4H
Bullish engulfing candle formed while rejecting the EMA support. Take Profit set at the next daily resistance.
Trade closed: stop reached
Stop was moved up
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