BUY Plan for NY Session 30/6/21 (Wed)
Possible short entry after price close below 20SMA.
Risk:reward = 1:1
Price may retest resistance level on the upside at 1.06246. If price retrace back to mid BB, it will be a good entry point to go long. Overall price is making a steady bullish move. Take profit 1 at 1.06261 with 33 pips and profit level 2 at 1.06549 with 61 pips. SL at 2 pips at lower BB level. G'luck!
Possible SHORT trade setup for USDCAD this week. Waiting pattern completion. Currently on C-D leg formation.
A short opportunity for the new year. Good luck and happy trading. www.facebook.com
Price is currently in a downward channel close to the upper limit. Price may retest the 200 period moving average(red) again before pushing it on a downward move. A good conformation for short if price breaks below 34 period moving average(blue). MACD currently hovering above 0 but crossover of both signal and MACD line support the idea of a downward move.