Possible break out
Updated
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.
Comment
Still long here. I expect a bounce of the support area. If price breaks down the support I'll take the loss.Comment
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:
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