Note
The 0.382 Retracement is also holding this thing right on top of Year CAM R3. Note
I would like to see price come down to 1.3050 where the big confluence of pivots are and the midline of the secondary pitchfork.1.3150 is my stop trigger to go long for now unless we move lower to that target, in which case I will move it down to 1.3100.
Note
Note
I believe this liquidity introduced by the BoC rate decision (1.5% vs 1.5% expected) will introduce the long. More times than I can remember, rate decisions by central banks have proven to be the final thrust of the price before reversing (buy/sell the news).Note
Took a gamble with 2 lots @ 1.3075.Trade active
UC perfectly hit the big weekly 38.2% retracement and stopped.Note
Setting initial target @ 1.3250 near the July 2 high and the daily ATR trailing stop. Note
Will take some profit at first resistance level 1.3222. Note
Added 2 more at backtest of daily CAM S3. Trade closed: target reached
Note
1.3250 on the Daily ATR Stop will be decent resistance for now.
Find the edge.
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Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Related publications
Disclaimer
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Find the edge.
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
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.