Canadian dollar being highly correlated with oil prices, has shown weakness so far this week.
the daily stochastics are to the upside, as is the hourly.
I intend to buy off the dpp, which is also a 38.2% fib ration, and further backed up by role reversal support.
I will wait for a higher high, or definite reversal pattern at that area for entry.

USDCADH1-daily-trade-plan

One thought on “Usd/cad daily trade plan.”

  1. Miles says:

    Nice plan, thank you Dominic!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.