DislikedFirst time posting of chart.. AC got a doji at S38, which is also support area on H4. 0.98 is also a round number. So can consider go Long. Correct me if i overlook something else. {image} {image}Ignored
I am going South and been going south for a while since 1.0070 have multiple positions from various levels.Can price rebound up from 98?Absolutely but my positions are targeting 9750-96 so my bias is little longer term.
What I am saying is my positions are bear but does not mean price can't bounce 50-60pips up.Its a choice I made on this particular pair. I like CAD better.
This is kind of trade that I like keeping for longer TP target.Lets just say should it hit 96 I will fulfill my monthly goal plus more on this trade alone.
In trading, you have to be defensive and aggressive at the same time