USDCAD has given us a beautiful retracement to the downside and this has given a great opportunity to take a long in this pair.
This region holds strong support(Weekly and Monthly) at prices that are supposed to bounce from here to the region of 1.38900 approx.
So, we can take a long position here :)
FOLLOW US FOR MORE!!!
This region holds strong support(Weekly and Monthly) at prices that are supposed to bounce from here to the region of 1.38900 approx.
So, we can take a long position here :)
FOLLOW US FOR MORE!!!
Comment:
SL - 1.33000 GOOD RISK TO REWARD
Comment:
Move stoploss to entry #NoLoss
Comment:
If BE SL HIT THEN NO WORRIES WILL TAKE LONG AGAIN ON MONDAY AFTER SEEING PRICE ACTION
Comment:
We will not be taking long in this pair for now. You can if you want to but remember the money management and use stop loss.
Comment:
WATCH FOR LEVEL 1.35981 Prices may rebound from there
Comment:
Watch for the daily close. If you have long open then move stop loss to entry
NO LOSS :)
NO LOSS :)