USDCAD LONG
Going to dip my hands in FOREX by starting with USDCAD.
Idea: Trade within the range of short term support and resistance
Risk: MEDIUM
Risk Reward: 1:2
Technicals:
- RSI is rising
- Stoch is rising
- MACD is crossing
Fundamentals:
- Crude Oil doesn't look like it will break resistance
Idea: Trade within the range of short term support and resistance
Risk: MEDIUM
Risk Reward: 1:2
Technicals:
- RSI is rising
- Stoch is rising
- MACD is crossing
Fundamentals:
- Crude Oil doesn't look like it will break resistance
Note
Crude oil did dropped as expected, but from a higher point and USDCAD followed.I have added more to my long and lowered my SL since the start of my trade.
Trade closed manually
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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.