EliteTrader101

UsdCad weak longs all shaken out so ready to rise

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
This trade was a bit tricky for a buy and hold type of trade. I tried 2 times to pick the bottom yesterday and had a feeling that they would trap at previous day's low, but they made the trap move while i was sleeping. After i woke up today i saw the trap and entered long to catch 1/2 of the move. I might buy a tiny bit in this balance zone, then place a huge order in the green box below for FOMC tomorrow on the potential H&S pattern.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.