TradingView
IvanLabrie
May 3, 2016 10:42 AM

USDCAD: Bottom's in Long

U.S. Dollar/Canadian DollarFXCM

Description

You heard it here first...go long at market, keep stops under the low, or give it some extra breathing room if you wish (like adding 1 atr below it).
Oil has topped, and now it's the turn for USDCAD to move up again after hitting a weekly mode of the previous uptrend.
Correction's over.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Comment

If you took the trade when I published...please, don't close it!

Comment

As expected, no retracement yet. It can go for a couple more days.

Comment

I'll post an update after today's close, in a new publication, to help traders manage the trade, long term.
Comments
Nick_C_
So damn pretty
IvanLabrie
Thanks!
ElPatron.Y
Nothing new.
IvanLabrie
Except mine is confirmed by price action, you jumped in a bit early. Still ok, let's do this.
ElPatron.Y
What price action? You are using bars instead of candlesticks...
IvanLabrie
So? what kind of comment is that? haha
Lanmar
Good job man
Wave-Trader
agree
marcus123
will wait , this is the kind of price action that can catch traders out;it's looking promising though, hit a 500ema and reacted;
IvanLabrie
A shame you didn't take it when I posted you could be closing partially and adding on dips, or after a correction now. :(
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