Identifying a price zone where the USDCAD could rebound. I'm also seeing a potential appreciation after Trump's inaugural speech.
Comment:
Wait until it reaches our hot zone previously showed to consider going long on USDCAD.
Comment:
The pair is hitting the zone once again. Go long!
Comment:
price has invalidated setup, close.
Trade closed manually:
Not looking good, seems it was an uptrend channel, but then it invalidated the trend. Close and wait for rebound.
Close positions on profit before Trump's Speech.