JamesKabyemela
Short

CAD expected to be strong today

FX:USDCAD   U.S. Dollar/Canadian Dollar
Today there's major news events which we are expecting to compliment the Canadian dollar             . As illustrated from my chart, I will expect a fakey break out towards north or in another word a market manipulation before deciding to bearish .

As always sell at highs and buy at lows, The market here has been pushed up by the smart money since they expect good news on Canadian dollars. Technical references; we can see the rsi making low highs and the moving averages are moving apart from each other indicating a likelihood of bears existing in the market,waiting patiently for a support.

the possible entry could be 70.7 or 78.6. its really up to your plan really. take caution

good luck and happy trading :)
stevensteven
2 years ago
Congrats! I wish I believed you at that moment. I'll definitely pay closer attention to your trades now.
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