USDCAD Big Short Ahead Watch price action Short

USD/CADOANDA

Description

⋅ Mar 14, 2020 4:09 PM

Hi there.

USDCAD is still in a bullish trend and setting up for every nice longer-term sell opportunity.

There is still room for upside. Price can push up slightly before dropping so watch price action carefully before you go short on USDCAD.

Once price drop sharply then add more on corrections.

Good Luck

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⋅ Mar 14, 2020 4:22 PM

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⋅ Mar 20, 2020 9:58 AM

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⋅ Mar 25, 2020 2:24 PM

Comments

SpringGreen

⋅ Mar 17, 2020 4:54 PM

Keep going up sharply, sir.

YunShen

⋅ Mar 18, 2020 1:08 AM

@SpringGreen, Prices will soon begin to fall to lows

SpringGreen

⋅ Mar 18, 2020 1:15 AM

@YunShen, How soon? I know...sometimes, the equity market and oil price will be stabilized. Then USDCAD will begin to fall. But when?
This guy is a big reversal guy. Should be cautious in current volatile market condition. Regards,

numbers_dontlie_fx

⋅ Mar 15, 2020 5:42 PM

Great analysis buddy, I just hope this OIL fall doesnt get too protracted to cause USDCAD to continue it's fall

MaciJosh

⋅ Mar 15, 2020 5:21 PM

So are we looking for a short from the channel breakout?And if that doesn't happen look to go long?Sorry I am a bit confused on the analysis

MaciJosh

⋅ Mar 15, 2020 5:27 PM

I see understand your setup now.Sorry for the confusion.How tight do you set your SL?And what kind of R;R do you use for longerterm trades?Thank you for sharing...

MaciJosh

⋅ Mar 15, 2020 9:51 PM

@MaciJosh, ????

telsilicon

⋅ Mar 14, 2020 5:17 PM

BOC expected to announce stimulus on Monday