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TAS_is_Goliath_Capital_Growth
16. Jan. 2017 09:38

USDCAD to continue last weeks move Short

U.S. Dollar/Canadian DollarFXCM

Beschreibung

SETUP - Should continue down from here until target, through the presidency change.

Kommentar

A bit of sideways movement with oil going sideways aswell
Kommentare
Trader_Dale
Thanks for your great analysis buddy!
Here is my view on USD/CAD if you are interested:

Based on Market Profile (volumes) and Price Action there are two very strong resist/support zones.
The short level (1.3666) is placed where a cummulation before a strong sell-off took place.
The long level (1.2922) is based on strong rejection activity accompanied by huge volumes (seen on the right cummulative volume on the right).

If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!
Dale
AngusStewart
Hey TAS. Thanks for the post. I am also looking to get short, would you leave your stop around 1.33 ?
TAS_is_Goliath_Capital_Growth
@AngusStewart, Hi. My stop is lower than that. Be carefull with news on wednesday. I have a limit order not triggered yet
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