USDCAD ST - Trailing down to L-MLH?

FX:USDCAD   U.S. Dollar / Canadian Dollar
  • Overall DT.
    resistance on the SZ and at the U-MLH
    very low closing bar ( PinBar ), rejected at the SZ

This is a potential short which i try to trail down as far as possible, without the exit at the CL             .
To me, the past down swings look like a load of a big battery.

...just my view, and probably dead wrong ;-)

But i play chances, like Casinos do.

Comment: LOL ....happens... ;-)
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I tend to agree. Main fundamental reason: Commodities, including oil, have left their bear market and are at least finding bottom. That should help CAD and AUD (short the USD against them)
forker PRO olieser
jep, unfortunately my stop was too tight - lets see if we get a re- entry on a pullback.
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