IvanLabrie

USDCAD: Bottom of the pullback likely here

Long
IvanLabrie Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
We can resume long positions in $USDCAD and abandon shorts. It was a good run so far, both sides worked.
Risk is a new low, but don't set a stop. Buy gradually this week, 0.02 per 10k in the account, each day.

Good luck,

Ivan Labrie.
Comment:

This is a safe spot to buy, or add if you've been buying it gradually with a wide 300+ pip stop.

You can use a tight stop at 1.3177 now.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.