Buy above 0.6871. Stop loss at 0.6838. Take profit at 0.6944. Reason for the trading strategy (technically): We look to buy above major support at 0.6871 (Fibonacci retracement, horizontal overlap support) push a push up to at least 0.6944 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (34,3,1) is seeing strong support above 0.8% where we expect a bounce from.
Yesterday I made some gains based on your suggestion for USDCAD. Thank you and I am following you. Do you post signals everyday.
EdgarYair
⋅
Thanks for always sharing, I started 2 months ago in this market and now I can see that my analysis are better and more accurate. Any tip you can share would be appreciated !