The loonie keeps climbing, and speculative accounts are adding to their bets on a further appreciation.
Consolidate perhaps..?Before it continues to rumble down.This is what i see in monthly/weekly TF.Just saying..
Do you plan on going long USD/CAD when price consolidates?
Mr. Panda, you are confusing everyone with your inverted USDCAD chart, why not just just use standard Forex charts that show USDCAD in a monster 3 month down trend that is likely to continue. Shorting this pair is the play
No.I choose to wait,Consolidate sometimes confusing although i am still 'green' in studying for the price action with how it works.Usually i use big TF to watch where the price goes.
Remember, a trend never ends...until it ends. In other words, it's best not to predict it. If its going up, go long. If it's down, go short. Pretty simple.
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