See callout bubbles. I called a breakout last week which failed on the good CAD news on Fr 12/1. Here we are trying to re-engage the Long for possible breakout on higher time frame. Weak Oil this week should help this trade move right along as planned. It might take some time to develop though.
Trade ativo:
Recent CAD news has really been moving price. It appears as though we may not get to the lower zone to engage long. I'm currently in this pair. I want to see Oil continue to weaken and drag the CAD down a bit more. EUR event risk tomorrow. Regardless of news numbers, I want to see the EUR stick with the longer term uptrend. I believe that price is, in fact, headed back up.
Trade ativo:
Trend still intact. Just letting price do what it wants.
Always measure your risk and be okay with being wrong ; )
Always measure your risk and be okay with being wrong ; )
***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
Thank you for your support!