Let's give it another try: USDCAD long on the basis of Bollinger Up, RSI oversold and Trend channel signalling long. Big (literal) question mark remains MACD which indicates a sell, yet there is no cross at the 0-level so "we know one thing for sure, which is that we know nothing". Risky, yet potentially rewarding. Fingers crossed!
Trade closed: target reached:
Very exciting trade! Large uncertainty range and only little to hold on to to make the call. In the end, rapid appreciation leads to RSI overbought and Bollinger Down, so let's call it quids. Take profit @1.2519
Comment:
edditional comment: Thank God I was greedy! If the signals tell you it's over, dont stick to elderly ideas!