JamesKabyemela
Short

Anticipating the MACD divergence to form today

FX:USDCAD   U.S. Dollar/Canadian Dollar
The NFP made huge impact last week. Today we are expecting another move down which will be catalyzed by ISM Non-Manufacturing PMI later at 3:00pm GMT daylight. We expect this move to form the MACD divergence to confirm that bulls will be ready to get into the market.
The possible entries are displayed on the chart by color codes.
-Blue line = entry
-Green line = take profit
-Red line = stop loss

Note: For assurance, I would suggest to wait until its 30 min before the announcements. The market participants' behaviors are prone to change anytime.

GOODLUCK!!
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