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Bastosai
Oct 23, 2017 9:43 PM

USDCAD - D - LONG Long

U.S. Dollar/Canadian DollarFXCM

Description

Dear traders,

Here is a new LONG signal on USDCAD :
Entry : 1.26433
SL : 1.24129
TP1 : 1.29273
TP2 : 1.31317
TP3 : 1.34227

Reasons for this long : Like its cousin EURCAD, PA is showing weaknesses for CAD pair. RR and SL are quite good for this trade, so let's take it; even if we're a bit late. TDI and PAC are validated.

Trade with your own diligence,
GL HF

Comment

Closing 30% here before week end, nice 250+ pips
SL@be and we've got another free trade.

Comment

If BE hit, I'll switch bearish.

Trade closed manually

Closing@1.268. I'm having a bearish view now.
Comments
Todd1906
Definitely not... I’d sell.
Bastosai
@Todd1906, Thanks for your comment. Sure it can goes both way. I'm never fully confident about my trades, so feel free to share your view.
Todd1906
@Bastosai, I see smaller trends within the diagonal line of resistance and support. However the larger trend is moving downward.
Bastosai
@Todd1906, Agreed that we are on downtrend on weekly/monthly.
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