Price has reacted the 1.10 level and reached the first target of the bat pattern.
Now is correcting and we want to be in the second move towards 1.11 level.
Like and comment if you find value in our analysis.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade. - Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader. - Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.
Best Regards.
Comment
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We're still waiting for a valid break of the trendline. 1.10 may support the price
Comment
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Last chance for the price to reverse and break the trendline
Order cancelled
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Price broke the last support, our reasons are not valid anymore.
supplementary to the above.
usdcad daily best level to short for 180/280 points (UPDATED).