One last drop before the big push.

19 Mar 2018

It's kinda obvious for me that the USD will dominate CAD during the following months.
With the increasing probability of 4 rate hikes from the FED and sluggish oil prices, I see nothing but weakness from CAD.

Long term trendline approching, placed short entry at 1.32, SL at 1.33, TP at 1.28 (old resistance now found as support).

Since the long term trendline could be pierced without significant resistance, I also placed a buy entry at 1.33 (with TP @ 1.38)

Happy trading !

22 Mar 2018

İşlem kapandı: hedefe ulaştı

Target reached (yay !)
Need to break above 1.315
Should not be a problem in my opinion but it could takes some time (1 week ?).
Got 2 buy entries, 1 @ 1.28 and 1 @1.312

1 May 2018

Not

Re-opened LONG @1.2910.
Target 1 : 1.30
If clearly broken ;
Target 2 : 1.32

6 Eyl 2018

Not

Re-opened LONG @1.32
Target 1 : 1.325
If clearly broken ;
Target 2 : 1.335