Hello traders,
In this chart we can see price has tested a support trendline that was formed on March 2018 and confirmed as support.
In the daily chart we can find a bullish endgulfing was made on support trendline. This + the latly CAD confirm there is a good oportunity we can go up and break the downtrend resistance and go to the 0.5 FIB zone.
We have a decent risk reward ratio, and price action tell us we will go up. Feel free to enter this trade after market opens.
I will update this trade soon,
ForexAcademyClub
In this chart we can see price has tested a support trendline that was formed on March 2018 and confirmed as support.
In the daily chart we can find a bullish endgulfing was made on support trendline. This + the latly CAD confirm there is a good oportunity we can go up and break the downtrend resistance and go to the 0.5 FIB zone.
We have a decent risk reward ratio, and price action tell us we will go up. Feel free to enter this trade after market opens.
I will update this trade soon,
ForexAcademyClub