WC 26 June USDCAD Outlook: LONG
Updated
Annotations on the chart
News shouldn't really be impacting price action but sure as heck moves it.
4 weeks worth of shorts in the market for an explosion during Canada's CPI news on Tues.
Last Fri was first green day. Looking at the Asian session or the following days for a potential buy at the 50's @ H1 supply and will hold if price sustains bullishness -- that is, if a buy setup presents itself.
At least a 95 pip move ++ if we have strong bulls. 4 weeks worth of shorts in the market.
News shouldn't really be impacting price action but sure as heck moves it.
4 weeks worth of shorts in the market for an explosion during Canada's CPI news on Tues.
Last Fri was first green day. Looking at the Asian session or the following days for a potential buy at the 50's @ H1 supply and will hold if price sustains bullishness -- that is, if a buy setup presents itself.
At least a 95 pip move ++ if we have strong bulls. 4 weeks worth of shorts in the market.
Trade closed: target reached
TP 2 reached.WC July 2 - another leg to resume on the way to TP 3.
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