Panjang

USDCAD, Long

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Ok so, as we can clearly see the channel indicated by the green lines. We can also see the direction of the trend, the key point to look out for will be the resistant point, indicated by the red line @ 1.33...

Nota

Okayyy.. Soooooo. Didn't quite go as planned, market is still bearishhhhh for the time being. But still believe we are going to see the long we have all been waiting for.

Nota

So the trade went as planned, the market did eventually become bullish and went up to the resistant point.

This week is going to be tricky as the brexit news keeps affecting volatility. So the question is : is the market going to break resistance this week or reverse and become bearish?.

Tachala

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