DXY and USDCAD seem very bearish
It's as if the DXY already completed the pattern we are currently seeing on USDCAD!
The H1 Gap allowed me to enter a sell at the 1.29924 price point and as of right now 70% of my position has been secured.
On WEDNESDAY June 13 we have a Supercharged New Moon and the Federal Funds Rate FOMC meetings (Forex Factory economic calendar has "hike" to 2.00% expected posted & also investing involves risk... especially when trading with leverage on a margin style account. Thank you for following this analysis)
Limit Order up at 1.301xx
Thank You!
P.S. Further Fundamental analysis is being considered such as what's going on w/ G7 on Twitter, the mainstream media, human emotion for all of the sellers who set their stop loss at break even / slightly above their entry that did get stopped out over the weekend of June 8 ~ 11
It's as if the DXY already completed the pattern we are currently seeing on USDCAD!
The H1 Gap allowed me to enter a sell at the 1.29924 price point and as of right now 70% of my position has been secured.
On WEDNESDAY June 13 we have a Supercharged New Moon and the Federal Funds Rate FOMC meetings (Forex Factory economic calendar has "hike" to 2.00% expected posted & also investing involves risk... especially when trading with leverage on a margin style account. Thank you for following this analysis)
Limit Order up at 1.301xx
Thank You!
P.S. Further Fundamental analysis is being considered such as what's going on w/ G7 on Twitter, the mainstream media, human emotion for all of the sellers who set their stop loss at break even / slightly above their entry that did get stopped out over the weekend of June 8 ~ 11