USDCAD monthly bullish trend. Is it buy time?
Updated
First of all, look green arrows in 1D time and Blue arrows in MN time.
This pair respects moving averages, it is a directional/trend pair. I think could be a good idea buy now, doing 1º target in the 21 exponential moving average (orange in my graph), since this pair respects averages, holding some orders in case the MN trend is "right"
This pair respects moving averages, it is a directional/trend pair. I think could be a good idea buy now, doing 1º target in the 21 exponential moving average (orange in my graph), since this pair respects averages, holding some orders in case the MN trend is "right"
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I did buy and still waiting, it could take a few days.
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