Hi scalpers,
As the USDCAD is trapped in ranging channel and has decline to the bottom, it's quite good opportunity to speculate long again.
There are 2 ways:
1. conservative approach: enter long after the prices break diagonal trendline by 20 pips.
2. aggresive approach: enter now (or with limit buy order near channel bottom)
In either case, invalidation point (stoploss) is below 119
TP is orange cluster above 1.20800
Enjoy the power of scalping EA at: trendscalpingea.blogspot.com
As the USDCAD is trapped in ranging channel and has decline to the bottom, it's quite good opportunity to speculate long again.
There are 2 ways:
1. conservative approach: enter long after the prices break diagonal trendline by 20 pips.
2. aggresive approach: enter now (or with limit buy order near channel bottom)
In either case, invalidation point (stoploss) is below 119
TP is orange cluster above 1.20800
Enjoy the power of scalping EA at: trendscalpingea.blogspot.com
