USDCAD - UPDATE, 21 May 2020, 07:00
Broke the resistance trend line at 1.39427, reached 1.39703 then went back to test the price around 1.39405. 3 Retests on the trend line (15Min). Strong support zone shown around 1.39459 where the zone got tested and closed above
the zone where previous triple top formed showing strong resistance turning into strong support.
the zone where previous triple top formed showing strong resistance turning into strong support.
Note
Open trade looks good so far, looking to protect this trade. Will wait for the risk/reward to be 1:2 when putting the stop loss on break even.Trade closed manually
Closed the trade at 1.40307 not wanting any of the trades to sit over the weekend and is happy with the results. Check out the USDCAD pair that is still open.Note
Sorry NZDUSD pair still open haha
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