Continuing to ride the bullish trend mainly driven by the new NAFTA agreement last Wednesday, but still need to be careful about risk of getting whipsawed especially CAD Ivey PMI news tomorrow at 2pm, and CHF CPI news on Friday. Closely monitoring possible breakout of this pair at 0.77144, and will either setup a buy stop @0.77297, or wait for bounce (safer option) and setup a buy limit at 0.77144 instead, with initial TP at 68.2 fib level and SL few pips below 0 fib level.
marketpulse.com/20181002/usd-cad-new-trade-deal-boosts-canadian-dollar/
Daily:
Weekly:
Confidence: B (because of risks from upcoming news mentioned above)
marketpulse.com/20181002/usd-cad-new-trade-deal-boosts-canadian-dollar/
Daily:
Weekly:
Confidence: B (because of risks from upcoming news mentioned above)
Note
Manually closed this trade because it didn't hit my actual buy stop.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.