USDCAD - Long

I see a couple reasons for this long, firstly: OIL. I see it dropping adding to the CAD weakness.
-USD index showing a little strength.
-I called this trade is my private group last week, my entry is shown here.
-A technical double bottom?
-Bullish flag
-Gorgeous long lower wicks on the last 8
hours of trading.

İşlem kapandı: durdurma seviyesi

This was a great trade, and a great opportunity to discuss reasons for stop losses! I think the strong move down was due to the terrible explosion in Lebanon. It certainly looked like a terrorist attack of some sort, the Trump saying so in a briefing! This event drove Oil north and Gold North and the USD dropped fairly aggressively also.
This is where this trade just fell off a cliff.

I drive my car with a seatbelt on, statistically terrible things do and will happen. My thoughts are with Beirut and this terrible disaster.

MattArmstrong

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

MattArmstrong