Last week we dipped down to the dirst trading days low @ 1.48CAD. This Support was bought directly. There are two thinkable trading ideas: -Trading below last weeks low means making further lows: Idea: Stoppsell near below last weeks low @ 1,48CAD / SL near above this Level --> TP 1,25-1,3CAD -For a next upwave it is important to recapture the EMA 38. Only trading above 1.9AD will brighten the Chart. Idea: Buy market with SL ~ 1.45CAD, TP1: 1,90 TP2: 2,35
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.