shidiq

USDCAD Potential Downside

Short
shidiq Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Since our last successful Short trade on USDCAD , higher timeframe suggests a continuation of that trend as supply is still in control.

Drop down to H4 for CP SZ.

I intend to capture a short term downside and perhaps a second phase thereafter. As usual, await confirmation before entry.

Will update if trade is invalidated.
Trade active
Trade closed: target reached:
First target reached with 100pips in the bag.
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