Together with GBP/NZD the USD/CAD is currently one of my favorites.
The Rebound at Trend support line worked fine and also the SHS has worked and the nice pullback at the neck line were nice trading opportunities. The price development enabled a minimum of 350 pips gain for our account depending on the entries chosen. (See attached analysis). At this time there is nothing to trade (at least for me). I am staying long with my positions and waiting for the next retracement.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
The Rebound at Trend support line worked fine and also the SHS has worked and the nice pullback at the neck line were nice trading opportunities. The price development enabled a minimum of 350 pips gain for our account depending on the entries chosen. (See attached analysis). At this time there is nothing to trade (at least for me). I am staying long with my positions and waiting for the next retracement.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
