05 March 2015

USD/CAD : Daily Triangle +1.2411

  • Monthly and weekly : Strong uptrend.
  • Daily : In a triangle consolidation, now towards bottom of triangle.
  • Trade : Opportunistic long here at +1.2411. Stop on close below lower triangle edge.
  • If trade survives downside test, add on upside break of triangle at around 1.2600.

2 comments:

Taichiseal said...

Buy stop-in triggered.
+1.2600

Taichiseal said...

Added to long at +1.2625 (risk limits from squaring EDZ6 shorts).