Monday 7 March 2016

USD/CAD



USD/CAD.... Daily Chart ... 
Moving in a Rising Channel since a Long time, Now Reaching Channel Support and Major Support Near 1.3280, CCI reaching oversold zone and indicating reversal soon.. Not Adding in Technical Glitch to Complicate the reading for New Traders.. 

Conclusion is BUY USD/CAD around 1.3300 / SL 1.3240 .. Closing Basis / TP 1.3640 - 1.3980 - 1.4300 .. till Channel Resistance. 

Do not Trade Over sized, Keep small Trades, Follow Risk Management, Enjoy Trading !!

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