As of today, July 28 2017 we have buy opportunity for USDCAD. The daily chart has reached its level with a strong candle formation resulting in a bullish CONV on 1hr and 4hr. We got our CONV's retrace now we wait for an opportunity to buy.
HOWEVER BE CAREFUL: If the retrace drops below the red line I have provided, buys need to be cancelled. This confirms a false bullish move. BUT, until then, look for buy entries up to my 3 targets.
Goodluck
HOWEVER BE CAREFUL: If the retrace drops below the red line I have provided, buys need to be cancelled. This confirms a false bullish move. BUT, until then, look for buy entries up to my 3 targets.
Goodluck
Comment:
We are at our level of decision!!! If this breaks, abandon your buys. If we hold and move higher, its time to buy! Watch CAREFULLY.
Comment:
It seems to have held for now! HOWEVER- we should NOT but until we hit a buy zone.
Trade closed: target reached:
CONGRATS TRADERS!
With a risk of 1% of your account, you would've made nearly 2% just off this trade alone in the past week!
With certain pip numbers, the % could have been north of 6% based on your account size! First target has been reached- so this chart is a success. However, there's no need to leave now, we still have another target to hit for those still bullish!
With a risk of 1% of your account, you would've made nearly 2% just off this trade alone in the past week!
With certain pip numbers, the % could have been north of 6% based on your account size! First target has been reached- so this chart is a success. However, there's no need to leave now, we still have another target to hit for those still bullish!