Dear traders,
View on Dxy remain bearish for long term and hence as usdcad price overbought recently there is high chance of significant sell off to occur in coming days or weeks depending on how DXY moves. What we also have identified the similar price pattern that happened last time when usdcad reach the exact same price level. This is not a guarantee that price will behave 100% the exact way like previous time but many time market create similar patterns.
View on Dxy remain bearish for long term and hence as usdcad price overbought recently there is high chance of significant sell off to occur in coming days or weeks depending on how DXY moves. What we also have identified the similar price pattern that happened last time when usdcad reach the exact same price level. This is not a guarantee that price will behave 100% the exact way like previous time but many time market create similar patterns.
Trade active:
Trading idea is active and in 113+ pips profit
Comment:
161+ PIPS expecting price to drop further within next week. Keep the entry price can reach our target sooner than expected.
Comment:
240+ PIPS moving well!!
Trade closed manually:
330+ Pips close completely! We will be back in January 2024
Good luck until then!
Good luck until then!
Trade closed: target reached:
350+ pips target hit completely.
Trade closed: target reached:
500+ pips target reached our earlier set take profit.
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