Indecision on The USDCAD 롱

U.S. Dollar/Canadian DollarFXCM

설명

⋅ 2018년 6월 21일 오후 11시 0분

Last post: June 20th.

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Review: Price had broken through and established a bull trend above the March high.

Update: Recent indecision in the market suggests the much needed pullback is a possibility.

Conclusion: Standing aside and letting price dictate a pullback or a trend continuation. A pullback is preferable.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

Sublime Trading

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NadineHe

⋅ 2018년 6월 28일 오후 9시 19분

Very interesting post. If a pullback is preferred would this be traded using a pullback strategy?

Sublime_Trading

⋅ 2018년 6월 28일 오후 9시 43분

@NadineHe, That is correct but as this is now going through a mini consolidation, a breakout will be the better approach.