I think the Australian dollar can start a rally very soon. I am averaging into a long position here. I have a tighter stop than shown on charts here, but this one also works. I would focus on sizing it to risk 0.5% of the account if stopped out, and aiming to ride a potential monthly uptrend in it.
Best of luck,
Ivan Labrie.
I shorted $USDCAD, stop at 1.341. I am following a daily signal that triggered today, but I'm interested in seeing if we get confirmation from the monthly timeframe. The 'Time at mode' signals in this chart have been really good, I will make a breakdown of them in the comments below.
Good luck,
Ivan Labrie.
ETHXBT has been rallying steadily for now, and is approaching a strong resistance zone. We can expect a short term top or consolidation here, if not, aim for the next level on chart.
I'm holding my positions and won't sell until the monthly targets are hit.
We can trade this pair in the short term though, and capture short term declines with margin positions....
