Structural FX, page-22

  1. 320 Posts.
    A quick  1:1  trade yesterday on U/C,  T/P hit overnight.   Will now look at re-enter if there is
    a 4H close above Res.   @ 1.322,  that would also mean a break  above  Daily downtrend line.
    Trade was on Divergence and a 4H close above the 4H downtrend line.
    See how strong the Res. is at 1.32s as there could also be a retrace from this area.
    USDCADH4.png USDCADDaily.png
 
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