+【7/29~31 USDCAD Dollar-Canada】(435)
7/29~31 USDCAD Canadian Dollar
History from entry to settlement and rationale
Preservation article: About the underlying methods and thinking ↓
https://www.gogojungle.co.jp/finance/navi/articles/92476
【Video】 Real trade commentary summary ↓
https://www.gogojungle.co.jp/finance/navi/articles/112755?via=authors_detail
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Market environment is
4h,
Back-and-forth after MA breach, support from the diagonal line also contested
1h, as the wick appears it caps upside, MA crossed and then moved sideways, so short-term upside still has little risk
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Daily chart, back-and-forth after MA breach, since it’s the third wave on the daily, I want to prioritize entries
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Entry screen ↓
22:30, break of neck confirmed, short entry; the upper orange line had surged up and then shot to the top, so after another rebound I waited for a break of the neck again and proceeded cautiously. Also because it was before 22:30, to avoid being trapped by a false breakout.
There is an FOMC later at night, but I prioritized the three-wave suppression on the daily MA, and there might not be many more entry points this week by Wednesday, so taking one level of risk is acceptable.
Next morning ↓