TheLurkingVariable

Looking to get long on USDCAD

Long
FX:USDCAD   Dollar Américain / Dollar Canadien
My "system," ie, indicators are telling me that USDCAD can go on a nice run on the daily and 4h charts but the price action seems a bit iffy in terms of confirmation. However, I feel like now is a good time to jump in in terms of risk/reward. I may be in a little early on this one but, again, I think the risk-reward ratio is there. The 4h and daily charts give me a little pause cuz they still seem to exhibit downward momentum, but given my indicators and the 1h chart, I'm gonna play this as a turning point
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.