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Gelium
Mar 30, 2017 8:50 PM

CAD: Small range more than 10 days. 

U.S. DOLLAR / CANADIAN DOLLARICE

Description

The Canadian dollar is in a small range more than 10 days. A break of a small range up or down will result in movement to 1.3560 or 1.3115. In my opinion, it makes sense to try to use a breakthrough if the Profit Factor is more than 5.

Trade closed: target reached

Result: +90 pips -30 pips and closing before publication of NFP due to the possibility of forming a more profitable 3w model up.
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