USDCAD- getting ready to explode before FED decision
Here is the nice "inverse head and shoulders" pattern for USDCAD.
Opening a long position looks logical with the safe stop loss place.
Also, there is FED interest rate decision tomorrow. I expect them to increase the rates.
To sum up:
USD LONG
XAG SHORT
XAU SHORT
CRYPTOCURRENCIES SHORT is expected by me.
*Note that this forecasting is based on the news coming from the FED. Put your stop loss to be prepared for the exact opposite scenario.
Stay Safe!
Opening a long position looks logical with the safe stop loss place.
Also, there is FED interest rate decision tomorrow. I expect them to increase the rates.
To sum up:
USD LONG
XAG SHORT
XAU SHORT
CRYPTOCURRENCIES SHORT is expected by me.
*Note that this forecasting is based on the news coming from the FED. Put your stop loss to be prepared for the exact opposite scenario.
Stay Safe!
Trade closed: stop reached
Position is closed with loss. Will go long again when the resistance line is brokenTrade active
Trade closed: stop reached
The position hit the Stop Loss level. Let's cut the loss here!
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