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Trading-Mind

USDCAD Long: Trend Reversal Trade

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Trading-Mind  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
6
0
trendanalysis
USDCAD has had a nice consolidation after a very strong bearish move. This consolidation printed an Inverted Heads & Shoulders reversal pattern which may be the end of the bearish move.
Remember to keep your risk managed and to always take some profit as price move in your favor.
Happy Trading!
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