FX:USDCAD   U.S. Dollar/Canadian Dollar
324 6 3
Oversold condition in upward trend. The risk to reward is in our favor here. For more exact entry's please follow my twitter
as per twitter my long position was started at 1.0270 area
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took 1/3 of the profit @ 1.03327 this morning. Trade is still active. Only took some profits to derisk a little.
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getting close to that target 1 I would take some profits off.
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taking 1/3 off more @ 1.3476
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The selling of $USDCAD pair has slowed down. As you can see we are still in a rising trend line. We are also still in an oversold condition. If you take a look at the comments you can see that we have sold 2/3 of the postion as we rose towards target 1 on the chart. If we see some bullish price action occur around this area, we are looking to add to the position as the price touches the trend line.
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Took off Last 1/3 at 1.04894
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