THERE'S ONLY TINY SPACE ON LOONIE
Updated
COMPARED TO ANOTHER pair, the range on LOONIE is not really interesting. It's likely form a rectangle pattern and I assume the next move will be down as shown on the weekly chart that the rectangle is formed below EMA's.
The price will likely make a pullback before the price continue drop, even though the range is not really appealing but the movement is pretty clear for me.
The price will likely make a pullback before the price continue drop, even though the range is not really appealing but the movement is pretty clear for me.
Trade closed: target reached
I got a pretty nice setup by monitoring confirmation on H1 Chart, grabbing 80 pips profit.Congrats to everyone who sell-short Loonie!
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