USDCAD Level 2

16 мая 2017 г.

USDCAD had been in a range (yellow support + resistance zones), it broke out and we to retest that range. Notice also the 50/200 cross. The 1st retest (pink circle) aligned with the 14 ema. It then went down and rejected the last support, and thats fine, this is where my 1st tp was. Second was the 800! Second retest, (you couldve entered here) aligned with the 50 ema, nice rejection candles and down it went! It broke the support at 1.36000 (whole numbers are support/resistance areas of their own so this was a pretty hard support to break! The fact it broke means bears are in control!)