The USDCAD has been stuck within a box on the Daily chart...
It then broke below the range on and now trending down on the hourly chart
Had a couple of days of move down and now a couple of days of RANGE tight... sideways
Chances are it might break out into WAVE 5 down...
Lets Find out...
warning: it's Friday so it might not breakout or if it does there will be a decision to make whether to keep the trade overnight?
my personal choice would be close with profit or loss at the end of the day. But it all depends on your trade plan ...
It then broke below the range on and now trending down on the hourly chart
Had a couple of days of move down and now a couple of days of RANGE tight... sideways
Chances are it might break out into WAVE 5 down...
Lets Find out...
warning: it's Friday so it might not breakout or if it does there will be a decision to make whether to keep the trade overnight?
my personal choice would be close with profit or loss at the end of the day. But it all depends on your trade plan ...
Trade active
Went live at the Pending Order that was set @ 1.37506 SL Initial 1.37872Stop Loss Now Moved to a better location @1.37750
Trade closed: stop reached
Trade Exit BreakEven. Stop Loss Hit...
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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.
To get our premium tools visit: itradeaims.net
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.