Testing USDCAD for a Potential Drop
Current coronavirus-related tensions between Canada and the united states. Matched er up with a support level that as justified in the short- term (the past 14 day). Shout out victor, he can see the money that will come out of this.
Sell order: Expecting a drop!
Coronavirus is an unexpected twist on the market, so this is more of a news/situational trade. Also, past trends aren't holding up- big jumps in early March result in an interesting scenario!!
Planning to end this trade by tomorrow morning.
Sell order: Expecting a drop!
Coronavirus is an unexpected twist on the market, so this is more of a news/situational trade. Also, past trends aren't holding up- big jumps in early March result in an interesting scenario!!
Planning to end this trade by tomorrow morning.
Note
UPDATE: I ended this trade around 10 AM EST (the morning that I said I would). Was a good trade. I manually executed the trade's closure as it was just around the stop loss. A good trade!!
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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.