Wayne spoke about this trade earlier this week and again today at NFP though it is one I have been watching – and if you are a CAD bull swinger then you have too… If we get up there before market close you could get in early or wait for market open on Sunday and sell it at WM3 which will be at around 1.28. CADJPY setup below as well.

USDCAD Daily

MM3 to MM1

USDCAD H4

Double top at MM3, lower low, pullback to role reversal, drop it like it's hot. We have WPP before that resistance though I think price is going to break above WPP seeing as price is coming off of the daily profit taking zone for Bears.

CADJPY Daily

MM2 - MM4

CADJPY H4

In a previous trade plan I mentioned that I was looking for a pullback to 88.50 for a buy. We broke through resistance at 89.00 so that's where I want to buy next week (MPP) with a target of MM4/ MR2... Watch it be a WM2 - that will be great!!!

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