Although I wasn't able to involve myself in the predicted breakout lower, USDCAD gave us a few advanced pattern formations during the week that played out really well.
Similar to the GBPUSD trade that I just posted, what I'm looking for here is a retest of a previous level of indecision and a continuation lower.
I believe that Canada can go as low as $1.25's before finding it's next major level of support so during these next few weeks, I'm still looking for short opportunities until the markets tell me otherwise.
This pair was also covered in yesterday's video, for those who are looking for a more detailed study
Akil Stokes
"Plan Your Trade, Trade Your Plan"
Similar to the GBPUSD trade that I just posted, what I'm looking for here is a retest of a previous level of indecision and a continuation lower.
I believe that Canada can go as low as $1.25's before finding it's next major level of support so during these next few weeks, I'm still looking for short opportunities until the markets tell me otherwise.
This pair was also covered in yesterday's video, for those who are looking for a more detailed study
Akil Stokes
"Plan Your Trade, Trade Your Plan"
Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
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tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Related publications
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.
Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
Related publications
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.