Looks like it is breaking, lots of divergences are detected as well. USDCAD is about to bounce. Entry 53.13, SL:53.53, TP: 50.75-50.80
Kommentera:
ABCD correction almost finished for USDCAD, start looking for a bounce. One thing I am not very comfortable is that no divergence on 1hr or 4hr chart.
Kommentera:
Still holding the short, expecting to reach 51.4 area at least. USDCAD also has more room to go up.
Kommentera:
First target reached, awesome pips!! Lock in some profit if you want.
Kommentera:
Today's low @50.06 is likely to be broken in the coming days. Yellow zone is the final target!
Kommentera:
Almost 400 pips! Looks like panic selling, booked some profit this morning, let the rest run!
Trade stängt manuellt:
It might drop more, but not easy money to make.
Kommentera:
Seeing bullish divergence on 1 hr chart. Might be a short term buying opportunity. But it is definitely a downtrend for now. Reconsider short later.
Kommentera:
I am in. Just for someone who wants quick scalp. Trade with safe.
Kommentera:
Looking good. Expect to reach at least 50-50.2. If we are lucky, we might get 50.8-51. Lets see.
Kommentera:
Almost 100 pips! First target reached, let's wait for the second.
Trade stängt: Stopp nått:
Stopped out this morning, will reexamine later and post a new idea.