FX:USDCAD   U.S. Dollar/Canadian Dollar
48 3 0
Progress to the up side is slowing and break of the lower trend line can start some longer term correction.
Yes, perhaps, it looks toppish, losing steam etc. But, quite deceptively, it may just as well be a prelude to a huge run. The lack of some kind of fakeout-flush-bar makes me think it's not over and done yet. Perhaps not the best spot to buy, but an entry short is not as clear either.
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TLM ForceFollower
Appreciate the comment. I do expect just some correction, but overall this market has more potential for the bulls, and after correction I do expect to get long again.
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I have cancelled this trade
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