melihFX

USDCAD FINALLY LONG

Long
melihFX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
6
If we see a close above 1.2520 today then I'll be long next week.
Comment:
Bear market is to strong. I did not open this trade.
Comment:
Bounced +110pips from 1.2460. US market open may be a good opportunity to buy around 1.2520.
USOIL dropped more than %5. We can expect to see 1.3080 within 2-3 days. Targeting +500pips.
Don't forget this is an aggressive trade. Risk management comes first.
Trade closed: target reached:
1.2889
Waiting correction down to 1.2720-1.2670 area.
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.