USD/CAD Fork Long EXPANDED with labels.

Price is bouncing off the lower internal line. Hoping to see it return to the median. Interested to see how price reacts to the Monthly CAM pivots. I may set TP1 at CAM S3, and extend TP2 near the yearly pivot (red line). Worthy to note the oversold RSI. I've labeled the 5 reasons why I think this pair will reverse on chart.

Commentaire:

This was a rocky start. I got into the trade too early, but was able to add to position when price hit Montly CAM S4. I took profit at Monthly CAM S3 and am holding a small lot in hopes it breaks resistance.

Trade fermée: cible de profit atteinte