X marks the Spot.
For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000.
We may experience some BUYing around the 1.32900 region. I expect this to be short-lived.
For a Bearish Price Action, I will be looking to open a SELL position at 1.38000.
1st Target at 1.27800
2nd Target at 1.25400
3rd Target at 1.22400
4th Target at 1.20700
I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000.
We may experience some BUYing around the 1.32900 region. I expect this to be short-lived.
For a Bearish Price Action, I will be looking to open a SELL position at 1.38000.
1st Target at 1.27800
2nd Target at 1.25400
3rd Target at 1.22400
4th Target at 1.20700
I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
Note
I'm not interested in SELLing this pair just yet...UNTIL I see a clean break and close below 1.32800. I may be interested in opening a SELL position if/when we hit 1.38000Note
Update...I will be looking to open a SELL position at 1.32900. 1st Target at 1.27800
2nd Target at 1.25400
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.