forker
Long

USDCAD Long Scenario

FX:USDCAD   U.S. Dollar/Canadian Dollar
Yes, now would be the time to enter, if one would like to take a quickie, up to the black A/R line.
But unfortunately there is no structure to hide the stop, so i personally let it go.

If the the scenario plays out with the pullback back to the green support zone , then i would consider a long, up to the centerline.

P!

Free Course Action/Reaction & Forks: http://mytradingcoach.teachable.com
Can always slap on a 3 daily ATR based stop just to get involved with the move.
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forker PRO IvanLabrie
hehe.... sure - it's just not my style because ME <<---Chicken §8-))
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You mean center line to 1.42--1.43?
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forker PRO thulasi
Jep - I don't care about what is possible or not.
...because in trading, all is possible, even the impossible.

But this does not mean it WILL go there thulasi.
It's a projected target - that's it, no magic, nothing special.

I just follow my framework of Action/Reaction ;-)

Cheers
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