USDCAD
Newbie analysis.
Looking at this pair I noticed that it has been respecting the trendline structure fairly well. I went long yesterday and it turned out great, so right now I am waiting on price to make a few moves before I confirm my entry.
Please note that I mainly trade market structure and trend, I just recently added the EMAs and the RSI to compare...
Open to suggestions on how I can improve and clean up my charts a lil'
Looking at this pair I noticed that it has been respecting the trendline structure fairly well. I went long yesterday and it turned out great, so right now I am waiting on price to make a few moves before I confirm my entry.
Please note that I mainly trade market structure and trend, I just recently added the EMAs and the RSI to compare...
Open to suggestions on how I can improve and clean up my charts a lil'
Trade active
As I said in my prev post I was waiting for the price to show it's hand, I'm a bit late but just opened a trade.-Entry@ current price
-TP @ 1.38796
-SL @1.40376 [bit high]
Have a blessed weekend!
Note
As I was prepping for the coming week, this is my take on this pair. I currently have an open short position which I will review tomorrow as I have written on my charts. Might switch depend on what price does tomorrow.
Open to ideas on how I can improve and clean up my charts a lil'
Trade closed: target reached
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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.