USDCAD: Long reentry

2016년 8월 26일

We reentered USDCAD longs today. I expect a strong rally to emerge from here, today's strong close after a shakeout (post Yellen's mumbo jumbo) gave way to a solid advance that broke the Brexit key level resistance. If we observe that next week's trading stays above the blue rectangle (the weekly uptrend mode), we will get confirmation of a rally towards 1.372, to be hit by December 10th, or earlier.
You can enter long next week at the open, using the stop on chart is a good idea to give it some margin of error.

Good luck if taking this trade (or if long USDCAD!).

Cheers,

Ivan Labrie

2016년 8월 31일

노트

Move stop to 1.2997

2016년 9월 1일

매매 수동청산

I'll buy on dips, out for now, with good r/r.