U.S. Dollar / Canadian Dollar
Long
Updated

USDCAD - Potential Long

Trading Plan with LT

  • Price Action: Price has been trending down from 19/03 to 10/11 and in order to continue the downtrend we must wait for some buyers to come in the market. My belief then is that its time to induce buyers.
  • Fundamental: Watch the news and COT data to come
  • Technical: Looking at the chart a possible head and shoulders pattern to form.


Manage it Well.
Cheers

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Note
15min- we might be ready for the buy
snapshot

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