HELLO,
USDCAD in DOWN-TREND, HOWEVER, WE ARE EXTREMELY OVER SOLD and USD is DUE TO CORRECTION, 1.3 SHOULD OFFER RESISTANCE AND A BOUNCE FROM THERE WOULD BE GREAT FOR A LONG POSITION. TARGET SHOULD BE 100-150 PIPS, AT 1.32 LEVEL, WE WILL BE LOOKING FOR A SELL.
PAY ATTENTION: U MUST ENTER LONG ONLY WHEN BOUNCED FROM RESISTANCE GOING UP, AND MUST USE STOP LOSS, BECAUSE WE ARE AGAIANST THE DAILY TREND.
THANK YOU.
USDCAD in DOWN-TREND, HOWEVER, WE ARE EXTREMELY OVER SOLD and USD is DUE TO CORRECTION, 1.3 SHOULD OFFER RESISTANCE AND A BOUNCE FROM THERE WOULD BE GREAT FOR A LONG POSITION. TARGET SHOULD BE 100-150 PIPS, AT 1.32 LEVEL, WE WILL BE LOOKING FOR A SELL.
PAY ATTENTION: U MUST ENTER LONG ONLY WHEN BOUNCED FROM RESISTANCE GOING UP, AND MUST USE STOP LOSS, BECAUSE WE ARE AGAIANST THE DAILY TREND.
THANK YOU.
