araguaney
Short

MICRODIVERGENCE IN USDCAD DAILY

FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello guys lets see if we can get this one the plan here is simple as usual, is buying at 1.36935, wit stops a bit above the last high at 1.378 and tp around KS at 1.34905

Remenber if we pass the stop point before the entry price the set up its invalid

Good lucks
Order cancelled: the trade pass the stop before our desire entry, maybe has a little bit of force still, keep following this
i agree over all,
but i would enter at 1.38990 from weekly 61.8% fib,
and or 1.39573 November 15th resistance on weekly..
with oil price in the gutter, and a possible rebound in this space...
sooner hopefully than later we can get CAD to roll...
Mortgage, pensions, and housing contagion is a muther...
and its more selling CAD in the short term if not longer...!
actually i would say a short for a slight retrace than channel back up toward 1.4745...if not higher
Loonie is looking loony for the rest of 2017,
2018 will be better for CAD due to huge Gold discovery in Canada!!!
good luck and thanks!
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araguaney aandp4life
@aandp4life, thank you very much for the analisis, :) it seems it has room to go up still, gonna watch if a see a new entry, thanks
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