The USDCAD has been discounted nicely, price violated the sellers on Tuesday by breaking above Monday's high.
This was a buy signal, we have seen a correction, consolidation, and a strong reversal (manipulation/stops hunt) without breaking below the previous Daily low.
We are buying above: 1.2607
Stop: below 1.2580
Target above Momentum High 1.2653
This was a buy signal, we have seen a correction, consolidation, and a strong reversal (manipulation/stops hunt) without breaking below the previous Daily low.
We are buying above: 1.2607
Stop: below 1.2580
Target above Momentum High 1.2653
Trade active:
Price is trading above our Long Point
Trade closed: stop reached