I delivered my promise, Reached the target 3 ! - FOLLOW UP CHART
Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart.
I was a GREAT trade, finally reached the final target at 1.343 zones, and closed March 2020 gap. Maybe 1.340 was a great BUY zone with a tight SL, target 1.372
CAD Unemployment Rate 13.7%
CAD Unemployment change 289.6K
NFP 2509K
US Unemployment rate 13.3%
If it can break out and close below 1.340, I reckon USDCAD will keep falling to retest the broken weekly trendline (chart attached below). But if it rejects 1.340, I reckon USDCAD will go up to 1.372. So we'll see. I'll send the update next week, I need to see more candles.
I was a GREAT trade, finally reached the final target at 1.343 zones, and closed March 2020 gap. Maybe 1.340 was a great BUY zone with a tight SL, target 1.372
CAD Unemployment Rate 13.7%
CAD Unemployment change 289.6K
NFP 2509K
US Unemployment rate 13.3%
If it can break out and close below 1.340, I reckon USDCAD will keep falling to retest the broken weekly trendline (chart attached below). But if it rejects 1.340, I reckon USDCAD will go up to 1.372. So we'll see. I'll send the update next week, I need to see more candles.
Trade active
I sent this updated chart to my clients
Upgrade Your Trading Station with Gold Cartel
Related publications
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.
Upgrade Your Trading Station with Gold Cartel
Related publications
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.