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LDForex_
6 de May. de 2020 21:35

USDCAD- Two Potential Long Position Set Ups?  Largo

U.S. Dollar/Canadian DollarFXCM

Descripción

If there is another strong bullish candle then this can be a good breakout trade! It will be a good long position with a potential risk to reward of 1:2.
The EMA's are also showing bullish signals which gives me a good confluences.
As a bonus we could also enter another long position at the reversal.
Let's see whats what happens at the end of Friday.

Comentarios

Price went the opposite way and it was a double top formation which showed bearish momentum.
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