The harami price action pattern is a two candle pattern which represents indecision in the market and is used primarily for breakout trading. It can also be called an 'inside candle formation' as one candle forms inside the…
One of the best trade setups to be in is during a strong momentum breakout breaking above an established resistance level and during a strong momentum breakdown dropping below an established support level. During!-->!-->…
Breakout alert!
USD/CAD is trading juuust under a major support level!
Will this mean more losses for USD/CAD?
USD/CAD Daily Chart by TV
As you can see, USD/CAD is already trading below the 1.3300 psychological level that has been…