@Chazzle, on USD/CAD the weekly R1 (greenish line, 1.1190) must be decisively broken in order to justify longs.
It was positioned to go up before the news release (note how weekly R1 was respected from the top side, not it serves as a ceiling)
I am not saying it can't be broken, but you have to wait for it on a 1-hr time scale
It was positioned to go up before the news release (note how weekly R1 was respected from the top side, not it serves as a ceiling)
I am not saying it can't be broken, but you have to wait for it on a 1-hr time scale
"Luxury is one of the basic needs", (c), Don Corleone