Long USDCAD

Jul 8, 2019

Divergence on USDCAD formed by 80% any way now is ready for LONG, either for strict trader they should wait the break of 1.3131 and go Long at the retaste of this price.
This trade had a perfect Win to Loss ratio its around 4:1, so the long is available right now the we can add another positions at 1.3131 and the target on 1.3290.

Jul 9, 2019

Note

Entry Instruction:
Long = 1.3066
S.Loss = 1.3016 ( 50 Pips)
T.Profit = 1.3296 (230 Pips)

Jul 9, 2019

Trade active

The trade has activated already, we got nice push by the last 4H candle close. we will wait the breaking of Resistance Line 1.3136 and add more long Positions.

Jul 10, 2019

Note

Right today after 7 hours BOC will release the the interest rate, so there will be an unexpected movement on CAD pairs.
Any way the expectation there is no change, so we have 2 options:
1- Drawdown and close on Break-Even
2- The Price will fly to target by minimum 80 PIP in one 4H Candle.
My recommendation is to set the SL on Entry Price or below the bottom by 10-20 pips and let the price to move.

Jul 12, 2019

Trade closed manually

The Trade closed on Break Even after the price moved 67+ pip.