As I mentioned before Canadian dollar is gaining strength. It was punished enough by the market and now is coming back. I have a large long position here I think is going to break out. The inverted HS (not confirmed yet) on the weekly timeframe looks promising.
Note
Still long here. I expect a bounce of the support area. If price breaks down the support I'll take the loss.Note
I'm holding this longer that I first thought. It didn't go the way I expected but I still think there is great potential to the upside. Price is dropping and heading to a strong support. I expect a strong bounce from it. It could take a couple of weeks, but it is worth the waiting:
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.
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.