Technically, USDCAD shows support in this key level of 1.25~1.26 and a retracement of 38% in weekly;
Dollar shows positive PA movement in weekly as well for weeks and expect to continue rally; Crude Oil is not expect to rise above US50 and max 10% upward range impacting approx 200pips in USDCAD at best.
Enter now or average between 1.27 & 1.25, SL1.2350, PT 1.3250
Dollar shows positive PA movement in weekly as well for weeks and expect to continue rally; Crude Oil is not expect to rise above US50 and max 10% upward range impacting approx 200pips in USDCAD at best.
Enter now or average between 1.27 & 1.25, SL1.2350, PT 1.3250
Note
Another swing coming affirmed by PA signal, re-enter at 1.2866 for a 2R r/r.Note
Details of above re-entry is in Swing 2 Long published in another idea:
this one 2.6RR completed.
Swing 1 execution error resulted 100pips lost which is 0.3R
Rollover result +2.3R/R.
Swing 3 long also executed, rolling 100pips profit now and upward momentum increasing.
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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.