girolamoaloe
Long

USDCAD - Middle Term Scenario.

FX:USDCAD   U.S. Dollar/Canadian Dollar
I had no intention to trade USDCAD             for the moment. I was waiting a new top and the convergence with the higher and old fresh supply level .

But considering how the price moved last Friday, if the price will move down more, going to the used demand levels, I would take in consideration the possibility to buy in the dip.

In the chart, some potential buy entries.

What do you think about this currency?

Thank you

Girolamo Aloe
Girolamo Aloe

Supply and Demand Trading Mentor. Author. Cyclist.
Founder of > http://profiting.me

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