DislikedHi lawgirl 21, In usd/cad we have trade line which price go to TL AND COME BACK, but when looking in rsi we dont have confermation for shorting usd/cad my mean in daily is going down but in weekly is gong up.
I WANT TO KNOW is it correct to dont trade ?Ignored
Unless you are already in this trade, as L is, I would not get in it now. The 3rd tap occurred over 4 hours ago (on the last H4) candle and it has been going up since then. I believe at this time, that it is a missed trade. Don't worry, there will plenty of upcoming trades.
That is why it is good to scan trades for direction and trendlines. Look for 2 taps, then watch for that 3rd tap to enter.