USD/JPY - USD/CAD any thoughts? 4 replies
CAD export / USD/CAD price 3 replies
Dislikedmy up to date view on the Dollar Index....Ignored
DislikedReally nice looking setup on the short term loonie charts. We have a text book break out setup on the 5m charts.
TOP of range
MmR1 - Monthly middle resistance 1
WmR1 - weekly middle resistance 1
BOTTOM of range
WPV - Weekly pivot
Doing a 1:1 ratio tp/sl of 20 pips gonna set the stops maybe just a hair further at 25 pips loss. Trend is up so favoring longs but will gladly take the short if it looks good.
Entry and TP are marked with the red price quotes
Best of luck this week everyone!Ignored