machos

USDCAD - Short 2 Lot Play

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
Two plays, both with the same entry. One play is short term while the other is more longer term, reflected by the wider stops and take profits. Reasoning is that there might be a trendshift with the broken upwards trendline. Yesterday's candle was an inside candle which might be a sign of further downside. Limit sell orders about twenty pips away but within yesterday's bar. 1st short is above yesterday's bar and the 2nd short is above the mother bar from two days ago at which the PA would invalidate the inside bar play.
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