USDCAD short term trade for this week
Uppdaterad
I'm bearish USDCAD for the short term but I think we may get a better entry given the price action of the last days. A test of 1.26-1.271 looks probable.
We have a confirmed upward pitchfork that sets the regression price short term at around 1.265. From the basic pitchfork trading rules, when you are expecting a reversal, you should expect the next pivot to form at the median line .
Moderate Risk as we are against the macro trend.
We have a confirmed upward pitchfork that sets the regression price short term at around 1.265. From the basic pitchfork trading rules, when you are expecting a reversal, you should expect the next pivot to form at the median line .
Moderate Risk as we are against the macro trend.
Trade stängt: Stopp nått
dollar is in free fall and didn't gave us a hand this time.
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