USDCAD Long Update
Back on March 5th I posted this simple setup long in USDCAD. The trade never triggered since it never broke out.
But little has changed for the trade, in fact, it gives us an opportunity to buy it at a better price on the break.
With the dollar in favor due to fear (See chart and comments below) lately, the trade looks solid.
But little has changed for the trade, in fact, it gives us an opportunity to buy it at a better price on the break.
With the dollar in favor due to fear (See chart and comments below) lately, the trade looks solid.
Note
Waiting for USDCAD breakout
Real Macro Economic Investing
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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.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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.