Preferred direction: Neutral
Comment: One of our best recent trades is long USDCAD. This trading idea has completely worked out and now we are already starting to look closely at selling. However, here too, the conditions and especially the entry point have not yet been formed. The most likely scenario (№1) is additional growth manipulation, as well as the removal of the current seller by stop losses, and then a downward reversal can be expected around the level of 1.35500.
A less likely scenario (№2) involves growth up to the level of 1.36545, from where we will expect a fall with the same goal as in the case of scenario №1, namely the level of 1.34000.
Thank you for like and share your views!
Comment: One of our best recent trades is long USDCAD. This trading idea has completely worked out and now we are already starting to look closely at selling. However, here too, the conditions and especially the entry point have not yet been formed. The most likely scenario (№1) is additional growth manipulation, as well as the removal of the current seller by stop losses, and then a downward reversal can be expected around the level of 1.35500.
A less likely scenario (№2) involves growth up to the level of 1.36545, from where we will expect a fall with the same goal as in the case of scenario №1, namely the level of 1.34000.
Thank you for like and share your views!
Nota
Trading idea is relevantNota
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Operación cerrada: objetivo alcanzado
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.