usdcad analysis for this week
HEY TRADERS!! are we ready to have another Successful Profitable Trading Week!! i know i am so ready for what this week has to offer us!!
as i stated last week, i was waiting for usdcad to come down a little lower to mitigate the imbalance there was shown on the higher time frames..
how ever price action started to show signs of sellers being exhausted on friday and with the weekly opening up as it has, i will be anticipating usdcad to rally here!
now this happens to coincide with my analysis regarding the DXY from this past week ( we seen the DXY coming down to a significant support and then price action started creating higher lows and is what i believe to be on its wat to creating those higher highs we want to see at this area!!
Disclaimer - past profits don't guarantee a future result, trading is risky and one can loose some of or all of their invested trading capital!
Information shared is for EDUCATIONAL and DEMO PURPSOES ONLY
as i stated last week, i was waiting for usdcad to come down a little lower to mitigate the imbalance there was shown on the higher time frames..
how ever price action started to show signs of sellers being exhausted on friday and with the weekly opening up as it has, i will be anticipating usdcad to rally here!
now this happens to coincide with my analysis regarding the DXY from this past week ( we seen the DXY coming down to a significant support and then price action started creating higher lows and is what i believe to be on its wat to creating those higher highs we want to see at this area!!
Disclaimer - past profits don't guarantee a future result, trading is risky and one can loose some of or all of their invested trading capital!
Information shared is for EDUCATIONAL and DEMO PURPSOES ONLY
Trade closed: target reached:
ALL TARGETS HIT
moving into a breakeven /risk free trade