New Trade Idea USDCAD
Updated
Primary commerce configuration:
We see a tired impulse. Resistance in a day. A good area for a possible retreat before being able to continue its upward trend.
Secondary commerce configuration:
If the price manages to break this zone in this same impulse. It would be something I've never seen but ... If it happened! Because unfortunately no one knows in a stock market. Let's hope for a setback, since it would be above the 68% retracement of the day.
We see a tired impulse. Resistance in a day. A good area for a possible retreat before being able to continue its upward trend.
Secondary commerce configuration:
If the price manages to break this zone in this same impulse. It would be something I've never seen but ... If it happened! Because unfortunately no one knows in a stock market. Let's hope for a setback, since it would be above the 68% retracement of the day.
Note
I'm sorry if the news got us out, we're still waiting. Now we are looking for reevaluations in the same areas that I marked.Note
30 pips from the secondary entry. However i would take partial profits and wait for the fall. Or move the sl to Break even and wait for it.Note
I have to say, those 30 pips offset the losses in the primary entry.
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.