eur/ cad long 2/8 - 2/24
over the past 2 months of dollar strength, one pair that didn't budge was usd/cad. cad/jpy had also been making a run for it. in my opionion i think cad is due for a nice retracement.
chart:
blue dotted line comes from a previous inverse head & shoulders neckline on the 4hr chart back in mid-december.. it's rejecting for now
Red rectangles: where i believe the order blocks to be and where i assume price action begins
stop: 1.5335
entry: 1.5349 to 1.526 (within that 10 pips range)
im not really looking to "take profit" i'll be looking to hold and swing until euro pmi data comes out on feb 26th & then will come back to short a week later for the bank of canada/ press conference on march 10th then back long shortly after for the ecb meeting on march 11th..
cashapp: bakedbenji
chart:
blue dotted line comes from a previous inverse head & shoulders neckline on the 4hr chart back in mid-december.. it's rejecting for now
Red rectangles: where i believe the order blocks to be and where i assume price action begins
stop: 1.5335
entry: 1.5349 to 1.526 (within that 10 pips range)
im not really looking to "take profit" i'll be looking to hold and swing until euro pmi data comes out on feb 26th & then will come back to short a week later for the bank of canada/ press conference on march 10th then back long shortly after for the ecb meeting on march 11th..
cashapp: bakedbenji
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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.