I am continuing with long scalps this morning on usdcanada until we getcandle closes below the .50 fib and enter into the sell zone. I don't see much rolling over yet. However when and if we break the top up trend line this week and enter into the sell zone, I will sell. Until then, take buys cautiously until they quit work continuation with longs.
Trade closed: target reached
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I took my last take profit on usdcanada from the buys last night. now beginning to look for sell action
Order cancelled
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I am still watching this, but I see more down action on pound and am not selling yet. So for those of you who are on, I think that is great. However, I see the usdcad coming in at 133. it is in a wedge on the weekly. Will put a chart out next week and we'll catch this. I'm just looking at an incredibly strong dollar and I don't necessarily want to trade against that. Thanks!
Thanks