Went long $FUV this morning off bounce at 20MAThis played out nicely. Now looking to break out of wedge. First target $15.
FYI: Also went long $SOLO for same reason. Nice gains today, though not as big as this.
20ma
USDCAD looks amazing for trading now - VP levels, volatilityMost importantly, Prismatic Wall shows high readings which means USDCAD is more volatile than most of the summer.
I don't know if Dollar is just correcting in the short term and will continue lower or if it going to be something major, but either way, there are reliable levels to trade with as well as more than sufficient volatility.
My early week bias is UP. I expect the price to come back a little and then continue in the last two day's direction which is LONG but whichever direction it takes, I will be looking for entries on 5m
Have a great trade!