forker
Short

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.

P!
Comment: LOL ....happens... ;-)

..next...
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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)
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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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