CADUSD: Close above low volume resistance opens up huge upside
Updated
I have been trading the long side in this pair for a while now, entering and reentering on every chance I had.
I'm in this trade, and looking to add if we get a minor retracement retesting the low volume resistance zone.
If not in, you can go long now, or on retracement to the light blue zone on chart. The same applies to USDCAD, naturally, just inverse. If you platform doesn't have this pair trade the USDCAD short side.
If you know how to trade trends, this might be a terrific one to ride, really nice potential here.
Good luck if taking this trade.
If interested in my professional trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
I'm in this trade, and looking to add if we get a minor retracement retesting the low volume resistance zone.
If not in, you can go long now, or on retracement to the light blue zone on chart. The same applies to USDCAD, naturally, just inverse. If you platform doesn't have this pair trade the USDCAD short side.
If you know how to trade trends, this might be a terrific one to ride, really nice potential here.
Good luck if taking this trade.
If interested in my professional trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Order cancelled
Moving back under resistance isnt good. Let's stand aside for now and focus on long AUD and USD, vs CHF, EUR and GBP. (maybe some yen longs vs eur, chf and gbp as well)Note
After a fight, longs are back on track.Note
Boom, target #1 hit. I'm long from today's NY open.Note
;)Trade closed manually
Safer to stand aside for now.Note
It appears to be that CAD and oil are turning around 180° today.
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