New_Guy50k

New_Guy50k

As you see usdcad is now ranging and testing upper zone fifth time. So i am looking for sell about 1.3390-1.3395. Of course SL should be above the supply zone and Tp will be below demand zone. If we look at indicator, stochastic is already overbought in H1 and H4 time frame. We know that this week BOC will report rate statement so fundamentaly loonie will be high...

New_Guy50k

Nice buy idea in EurJpy. This pair is broken through daily trendline and now bounced back. In this trade SL should be around 125.65 and TP is around 126.60 near the zone, so that risk-reward ratio is very high. If we look at indicator, stochastic is now oversold zone. But we have to always remember that anything can happen, so we must wait patiently confirmation...