i short usdcad for 2 fact ;
1 he is overbought
2 have a rsi divergence in h30 and h1 'if i remember
3 Cad underperfrom much since a week
so i bet on a pull back and will open 2x 1 lot of 1 target ,the target 1 at 1.3040 =23 pips will be easy and i will cut 1 lot and make a stop loss at +15 pips for the 2nd lot to try to go tp the target 2 at 1.3000 psycholical level before the FOMC meeting
1 he is overbought
2 have a rsi divergence in h30 and h1 'if i remember
3 Cad underperfrom much since a week
so i bet on a pull back and will open 2x 1 lot of 1 target ,the target 1 at 1.3040 =23 pips will be easy and i will cut 1 lot and make a stop loss at +15 pips for the 2nd lot to try to go tp the target 2 at 1.3000 psycholical level before the FOMC meeting