USDCAD | Swing Trade | Update 1.5
I am still bearish. There is still plenty of space between supply (1.333) and demand (1.322). Follow the money, don't let the frankfurt fake-out shake you out of the trade.
Testing 1.3220-00 psychological level. If there are bullish price action patterns we scale back and trail our stops- watch for accumulation with spikes, especially where the banks load up to better cost average. Take their side.
Spot the shadows and the fast reversals, those are banks pulling the rug from underneath you.
US crude are at resistance/support levels from 2014 & 2016. If you look further left, there are well respected levels dating back to 2006.
DXY has been teetering around the .768 from 2016 high and there are just way too many multiple levels of confluence to talk about that you should just see them for yourselves.
Fear and greed will never help you succeed. Follow me and you will see.
Testing 1.3220-00 psychological level. If there are bullish price action patterns we scale back and trail our stops- watch for accumulation with spikes, especially where the banks load up to better cost average. Take their side.
Spot the shadows and the fast reversals, those are banks pulling the rug from underneath you.
US crude are at resistance/support levels from 2014 & 2016. If you look further left, there are well respected levels dating back to 2006.
DXY has been teetering around the .768 from 2016 high and there are just way too many multiple levels of confluence to talk about that you should just see them for yourselves.
Fear and greed will never help you succeed. Follow me and you will see.
