TradingView
chestephens1
Jun 2, 2020 7:39 PM

USDCAD back to 1.4000 levels!!  Long

USD/CADOANDA

Description

dxy may have 1 last dance in a pump up to 99.19 which would bring UC back to 1.4000 levels (while watching for oil levels)

I will wait until 1.3600 to enter just to be safe.

this is a potential 400 pip trade.

if WRONG it will dump to 1.3265

safe trading!

Comment

Anaylsis was incorrect BUT the 1.3265 range looks like it can be TAPPED this weak with further weakening dollar and oil moves.
Comments
eclecticaries
Thats a big IF. Thoughts on current situation?
chestephens1
@eclecticaries, dollar failing me man. Main reason I was 40% with the long but 60% against.

Can still play out Friday with big NFP news so I won't cancel it as of yet
More