tntsunrise
Long

USDCAD Multiple AB=CD TRADE

FX:USDCAD   U.S. Dollar / Canadian Dollar
10557 views
167
10557 27
USDCAD             Multiple AB=CD
Guys, from the chart we can see there are
Two groups of ab=cd (Red Color)
and they formed a BIG AB=CD (Black Color)
Therefore the USDCAD             can still move higher
till 1.3575- 1.3640 area
However, Knowing where it might go
wouldnt help you make money.
We need a Trading Plan to enter !
Solution:
Find pull back of USDCAD             (1.3060-1.3080) to buy
SL: 1.2095
TP: 1.3570
Trade active:
1.3080 touched
Comment: SL 1.2950
Thanks TanveerAlam
Trade closed manually: 1.3080 TO 1.3130 earn 50 pips
rest trade hit Break-even Sl
but it didnt touch 1.295 yet
Reply
Up, ABCD is not good!
Reply
Nice Probabilistics again, agree and share the trade. Dollar will boom before EOY IMHO and then collapse
Reply
Gartman indicator live&well in tradingvview Jacksquat post:)
Reply
sl 1.2095??? i think it should be 1.2995
Reply
Yes, I believe that DXY will go much higher, back to where the interest rate used to be above 10%
Reply
Will go lower 4 this moment
Reply

Rally possibilities if the price break daily trend line
Reply
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