Updated

USDCAD

short @1.2898
potential TP 1.2561

Note

first confirmation for the short trade would be 2 candles on H1 break and close below 1.2846

Note

for short, pay attention to 1.2821
break and close below - on a daily basis - will confirm short

but first, i think, in may he'll go a bit higher

weekly

Note

on friday i commented, USDCAD on monday up to 1.28911 ... he did it that way.

still, I think he is not ready to fall for another 2-3 days.
break and close on a daily basis below 1.2821 would initiate short move.

Note

we get the last chart above...
TP = red lines

Note

all 3 targets reached - red lines from last chart above... yesterday

Note

TP done

there i went long with TP
1.2831
1.2912

Note

my last post for long - above -
both TP:
1.2831
1.2912 done...
and now?!?

Note

i'll ty SELL @1.2966
SL above the red line 1.2980

Note

USDCAD:
more strength is probably ...
there are a few variants but here is one of them ...

(next week i will close my short ... a small profit would be possible)

Note

will USDCAD respect the diagonal as resistance ... even if not immediately but i think he should fall... if not before, then latest on friday or at the beginning of the next week
at the moment i do not see weekly close above 1.31

Note

first break and close on H1 bellow 1.29595 (green line) TP red circle
today 1.2986

Note

1.2986 reached

Note

very profitable

Note

very apt ... just a bit deeper

Note

short closed... in june again - higher new entry

Note

NeverNO

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

NeverNO