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FedericoSellitti

USDCAD trading a double breakout!

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Dollar A.S. / Dollar Kanada (OANDA:USDCAD)  
FedericoSellitti Diupdate   
OANDA:USDCAD   Dollar A.S. / Dollar Kanada
Trend Analysis Chart Patterns Technical Indicators USDCAD swingtrading daytrading breakout congestion_channel range sideways
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trendanalysis chartpattern indicator usdcad swingtrading daytrading breakout congestion_channel range sideways
USDCAD just went out of a very important up-channel. Now, the price is ranging in a very tight congestion phase and sellers seem to have the strength to break this range and push the price down.
The setup of the moving average is not clear. We are far from having a bearish setup, although green and orange MAs are turning down.
Overall, I think this is a trade we should take.
Trading ditutup: stop tercapai:
Stop loss reached
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