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I am looking to go long on touch of trendline, in case it happens, with a stop on daily close below the trendline. The long entry area comes around 1.02/90 figure. Price bounced right from that area yesterday.
A Full Time Trader's Blog. The Forex and Commodities Trading with Technical and Fundamental Analysis
Friday, March 22, 2013
USDCAD Resistance Turned Support
I am looking to go long on touch of trendline, in case it happens, with a stop on daily close below the trendline. The long entry area comes around 1.02/90 figure. Price bounced right from that area yesterday.
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