Oil dusting itself off again ......
Updated
Purely based on oil @ the minute and CAD- GDP up, I think this is a nice steady trade for say 80 pips .
So there is a risk on tone right now,
My opinion:
1. Its on trend line support
2. Good figs out yesterday
3. It should pop above the 0.23 Fib line cementing the buyers coming in
Entry @ mkt 82.20
TP @ 83.00
Stop set @ 81.70 below the last low
More ideas coming soon !!!!!!
So there is a risk on tone right now,
My opinion:
1. Its on trend line support
2. Good figs out yesterday
3. It should pop above the 0.23 Fib line cementing the buyers coming in
Entry @ mkt 82.20
TP @ 83.00
Stop set @ 81.70 below the last low
More ideas coming soon !!!!!!
Trade active
Okay as expected this has pushed above the Fib line and the buyers are stepping in ,Its navigating its way to our target so stay tuned ......
Note
Okay stopped out @ break even due to the cross rates affecting this USD/JPY bad NFP figs have pushed this trade out of the zone ,Stay tuned
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