From a purely technical standpoint, USDCAD looks like a great long opportunity. Recovering from lows, there;s been a sharp increase in the volume as of the recent days. This may signal institutional buys and sells.
I'm setting my limits at about 1.317 just around the .618 fib. There are no massive OBs now at that level but I'm fairly confident in this as a long term play.
TP1: 1.3266 10% off TP2: 1.33272 30% off TP3: 1.3394 30% off TP4: Heaven.
Order cancelled
Extremely tough on this. Missed the call by 0.0012 cents. Hoping to not see an issue on these entries! TA is still moving the right way nonetheless.
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