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nick2497

USDCAD Short (Daily)

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
nick2497 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators short SELL Daily Charts interday USDCAD Volume Indicator Supply and Demand support Support and Resistance
3
0
trendanalysis chartpattern indicator short sell daily interday usdcad volume supplyanddemand support supportandresistance
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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