Hello Traders !
It's a great period to trade. And if we are in a recession we should look to sell on the majority of the charts.
Anyway there are charts who will go in heaven (see Netflix).
Meanwhile USDCAD is forming a wedge pattern, we should look what will hapen when the price reaches the right corner.
Take a look on the 1.38641, and if it's breaked then check 1.37842 wich is a important level.
If both of this levels are breaked, you can enter in the transaction without anny doubts.
Remember not to look for FAT wins because only thing you will get will be FAT!
Good Luck !
It's a great period to trade. And if we are in a recession we should look to sell on the majority of the charts.
Anyway there are charts who will go in heaven (see Netflix).
Meanwhile USDCAD is forming a wedge pattern, we should look what will hapen when the price reaches the right corner.
Take a look on the 1.38641, and if it's breaked then check 1.37842 wich is a important level.
If both of this levels are breaked, you can enter in the transaction without anny doubts.
Remember not to look for FAT wins because only thing you will get will be FAT!
Good Luck !
Note
False breakout forming. If not, wait for 1.433 to be broken then go with buyers!
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.
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.