HI Traders open position ? take profit ? S/L ? Best Regards.
Take profit : 1.26300 After hitting the ceiling of the downtrend channel, it is expected to continue the downtrend again and be in the third downtrend. Attention This is a personal Analysis. So when entering the transaction, pay attention to all the conditions as well as the news. Best Regards.
- Rejection at 200sma on the daily - Chuvashov fork break - Rejection at 38.2% fib - CURRENT weakness in the USD - Oil has a negative correlation with USD/CAD. Oil is currently trending bullish. Possible supports: - 200sma on the 4 hour - Ichimoki cloud on the daily - 23.6% fib retracement on daily My first profit target is 1.29863 or the bottom fork/trendline,...