nick2497

USDCAD Short (Daily)

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Sharp bounce off t resistance area /boll band, looking to target next area of demand, possibly going down lower. First marked rectangle would be TP1, other marked rectangle TP2. Small remainder of the position can be kept as a trailing stop loss, too.

TRADING IDEA , NOT AN INVESTMENT OPPORTUNITY. TRADE AT YOUR OWN RISK!
Comment: EDIT: My drawing to illustrate price movement to key support/demand zones not showing up, but hopefully it is still clear.

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