da-bag

|ARE BUYERS ABOUT TO TURN UP ON USDCAD?

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
Flat line bear market on all fronts, but yet again here i am trying to buy this pair, i really think i have issues with following basic thinking standards as regards to how we see trading and the market as a whole. data from last week on cad influence massive short selling way below 1.245xx

With last high standing strng at 1.24145, am expecting more sellers to try to push price below the last low @1.2385xx and approach my buylimit at 1.23650

Why 1.23650 you might wonder?, for price to fully push higher it has to clear out as many sellers and buyers as possible without leaving a trace
thought experiement today !

good luck
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