USDCAD POSSIBLE MOVES

2019-12-24 19:24:28

WELL FOR THE MOMENT I AM NEUTRAL ON THIS PAIR, I AM EXPECTING TO SEE A BREAKOUT FROM THE TRIANGLE PATTERN IN EITHER DIRECTIONS, EVEN THOUGH I AM MORE POSITIVE FOR A BULLISH BREAK OUT ON THIS PAIR.

THE BEST THING TO DO ON MY POINT OF VIEW IS TO OPEN A BUY/SELL LIMITS AT STRATEGIC POINT ON THE RESISTANCE AND SUPPORT LEVELS OF THE TRIANGLE TO CATCH THE BEST ENTRY OR JUST WAIT AND ENTER TRADES MANUALLY.

DONT FORGET THE THUMBS UP AND EQUALLY FOLLOW FOR GREAT MARKETS ANALYSIS AS THIS.

NOTE; THESE MARKET MOVEMENTS WILL TAKE LONGER TIME TO BE CARRIED OUT DUE TO THE HOLIDAY SEASON, SO YOU MIGHT NEED TO EXERCISE PATIENTS ON EVERY SINGLE TRADE U TAKE DURING THIS PERIOD.

NOTE; RISK MANAGEMENT IS KEY