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startrader143
Nov 9, 2017 1:53 PM

CADUSD - 1 HR - CHANNEL  Short

FX_IDC:CADUSD60
CANADIAN DOLLAR / U.S. DOLLARICE

Description

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Market analysis

In the CADUSD pair 1 hr timeframe price touch the upper channel line which is a STRONG RESISTANCE so we can enter a SHORT trade with SL as 0.7927 and target as 0.7807 which give a RR as 1:1

Trade closed: target reached

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Trend Analysis
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