Following plan of the last 2 blog entries were great success closing at +51 pips.

A retrace post CAD news event has us back near channel bottom.

Now a look at MACD and RSI tell me another pop to channel top is a decent possibility....

Lets take a look...

Notice the channel after several touches is still in good standing.

I've placed a buy limit at channel bottom edge.

My limit and stop are placed way out at 50 pips but only temporarily.

I do expect a channel test soon and have an ALERT set on that. At that point I'll re-evaluate the trade idea target and stops.

Soon I get into why I love Forex even though Crypto is my real passion.