X marks the Spot.
For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000.
We may experience some BUYing around the 1.32900 region. I expect this to be short-lived.
For a Bearish Price Action, I will be looking to open a SELL position at 1.38000.
1st Target at 1.27800
2nd Target at 1.25400
3rd Target at 1.22400
4th Target at 1.20700
I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000.
We may experience some BUYing around the 1.32900 region. I expect this to be short-lived.
For a Bearish Price Action, I will be looking to open a SELL position at 1.38000.
1st Target at 1.27800
2nd Target at 1.25400
3rd Target at 1.22400
4th Target at 1.20700
I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
Note
I'm not interested in SELLing this pair just yet...UNTIL I see a clean break and close below 1.32800. I may be interested in opening a SELL position if/when we hit 1.38000Note
Update...I will be looking to open a SELL position at 1.32900. 1st Target at 1.27800
2nd Target at 1.25400
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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.