LBracht

USDCAD monthly bullish trend. Is it buy time?

FX:USDCAD   U.S. Dollar / Canadian Dollar
First of all, look green arrows in 1D time and Blue arrows in MN time.

This pair respects moving averages, it is a directional/trend pair. I think could be a good idea buy now, doing 1º target in the 21 exponential moving average (orange in my graph), since this pair respects averages, holding some orders in case the MN trend is "right"
Trade active: I did buy and still waiting, it could take a few days.

Comments

I will wait the price breaks today higher, more conservative style
Reply
Luciano, Hi man!!!

You should take away the news from your graph!
Reply
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