USDCAD : RETRACEMENT IS DEARLY DUE
Hi traders!
USDCAD has been falling like rock for quite some time now. It is due to correct itself if it wants to continue this fall. I aim for a 0.5 FIB retracement for this analysis.
RSI AND MACD begging for a correction up before dying as indicators for life!!
Trade safe!
USDCAD has been falling like rock for quite some time now. It is due to correct itself if it wants to continue this fall. I aim for a 0.5 FIB retracement for this analysis.
RSI AND MACD begging for a correction up before dying as indicators for life!!
Trade safe!
Trade active
USDCAD LONGEntry : 1.25147
SL : 1.24159
TP : 1.28753
Note
I forgot to mention that there is a little divergence on the RSI (its kinda forming as we speak)Trade closed: stop reached
SL touched when FOMC statement got out.Loss here.
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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.