Long

Potential Bullish Divergence spotted

Updated

We should stay above 112.50 for this idea to work. Likely see some profit taking ahead of risk events. If we break below 112.50 we probably dont want to be in any longs, so a tight stop is recommended.

GL!

As always, trade at your own risk. I am not responsible for your trading actions.

Trade active

Long from 112.65.

TP1 113.85
TP2 115.35

SL 112.35

Note

Great trade so far. News releases very soon for USD as well as BOC rate decision. Going to take half off move sl into profit. Let it run :)

Note

Here I have labeled what I was looking for in order to keep this trade active.

Trade closed: target reached

Yellen really got this trade going yesterday :D Closing this ahead of target at 115.

Note

SnoopyFx

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.