See daily chart of USDCAD below for the discussion that follows.
USDCAD broke resistance which should turn into support. I’ll consider going long if I get confirmation in terms of candlesticks.
I placed a limit buy order on NZDCAD (post from last week) which never got filled. Price already moved higher, so there’s nothing of interest I’m seeing right now.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS