1. The DXY is quite weak and it seems that it is going to keep going down to 102.6
2. USDCAD in the long term - reached a significant resistance level.
3. In the daily range - broke the rising channel (while building a downtrend).
If I'm seeing correctly (and I'd love for you to correct me...) head and shoulders + red engulfing candle on Friday + breakout from the channel + red engulfing candle on the weekly (10/30) - they all gave the same target: 1.34
I'm careful, and sma200 is waiting to support, that's why I didn't go to the end of the destination
2. USDCAD in the long term - reached a significant resistance level.
3. In the daily range - broke the rising channel (while building a downtrend).
If I'm seeing correctly (and I'd love for you to correct me...) head and shoulders + red engulfing candle on Friday + breakout from the channel + red engulfing candle on the weekly (10/30) - they all gave the same target: 1.34
I'm careful, and sma200 is waiting to support, that's why I didn't go to the end of the destination
Trade closed manually
I suppose it will go down..
Disclaimer
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.
Disclaimer
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.