USDCAD

First Of All i am looking at USDCAD top to down method, let’s see what USDCAD is showing us. Seeing this clean monthly timeframe , we have to first identify major Support and Resistance zones (like the chart below) : As we have identified our major Support and Resistance , we now have to zoom …

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GBPUSD SL Hit | 1 June

Stopped Out | GBPUSD Trade Update GBPUSD went upwards and broke the uptrend channel hitting my Stop-loss.Now out of the trade. My Conclusion and Thoughts : So it happens that under the H4 timeframe Support and Resistance Zone/ Level 1.242110 was first tested today morning and then the market broke the level. Leaving me in …

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