According to the hot news, the oil price jumped high which is should be support Loonie, so USD/CAD should be bearish.
Another news, US will cut the interest rate on 19 Sept, 2019. So USD/CAD should be bearish.
So, the conclusion is, sell usd/cad right now, but set a stop loss because nobody know where's the market go.
If Fibo 0.618 crossed => bullish breakout
If Fibo 0.382 crossed => bearish breakout
*Use MA 50,100,200 to confirm the signal
Dont forget to use MONEY MANAGEMENT. Goodluck! :D
Another news, US will cut the interest rate on 19 Sept, 2019. So USD/CAD should be bearish.
So, the conclusion is, sell usd/cad right now, but set a stop loss because nobody know where's the market go.
If Fibo 0.618 crossed => bullish breakout
If Fibo 0.382 crossed => bearish breakout
*Use MA 50,100,200 to confirm the signal
Dont forget to use MONEY MANAGEMENT. Goodluck! :D
Trade closed: stop reached
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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.
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.