USDCAD: Long reentry
Actualizado
We reentered USDCAD longs today. I expect a strong rally to emerge from here, today's strong close after a shakeout (post Yellen's mumbo jumbo) gave way to a solid advance that broke the Brexit key level resistance. If we observe that next week's trading stays above the blue rectangle (the weekly uptrend mode), we will get confirmation of a rally towards 1.372, to be hit by December 10th, or earlier.
You can enter long next week at the open, using the stop on chart is a good idea to give it some margin of error.
Good luck if taking this trade (or if long USDCAD!).
Cheers,
Ivan Labrie
You can enter long next week at the open, using the stop on chart is a good idea to give it some margin of error.
Good luck if taking this trade (or if long USDCAD!).
Cheers,
Ivan Labrie
Nota
Move stop to 1.2997Operación cerrada manualmente
I'll buy on dips, out for now, with good r/r.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.