Carl_G
Short

USDCAD OUTLOOK

FX:USDCAD   U.S. Dollar/Canadian Dollar
Comment: Price have currently made 8 consecutive closes, each close higher than the close 4 trading days earlier. Two doji bars are appearing at the top of the trend indicating that there is an indecision between buyers and sellers or more likely in this case an exhaustion of buyers as price appears in extreme overbought conditions. For shorters target lies at technical support 1.3285.
Trade active
Trade closed: target reached

Related Ideas

Hi Carl

How are you doing? hope you are enjoying your weekend... -:). I am looking for long at 1.3250 area , DZ at 240 min/ daily
+1 Reply
Carl_G bunah2
Always good, thank you ! =) How are you?

Yes, looks good. I am looking to long as well @ 1.3250.
Reply
bunah2 Carl_G
I am good, thanks. Target can go up to 400 pips +/-
Reply
Carl_G bunah2
I agree, R:R ratio is there too, this deal is looking good.
Reply
bunah2 Carl_G
Hope it will good for us, lol
+1 Reply
Carl_G bunah2
For sure it will, as long as we adapt to what the market shows us.
Reply
bunah2 Carl_G
Please tell me what do you think about my EURUSD short? thanks
Reply
Carl_G bunah2
Posted on your chart =)
Reply
bunah2 Carl_G
I got it, thanks :-)
+1 Reply
Carl_G bunah2
my pleasure bro
Reply
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