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Jul 20, 2020 5:24 PM

USD/CAD Short Wave 5 Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD has stayed within the box sideways for a quite a while now

It is possible that it might breakout below the box low

if it does it should provide us with a great opportunity to short sell it

target point would be TZ1 that is the Wave 5 termination point

Trade active

Trade is Active - Pending Order activated today

Comment

Stop Loss Moved to 1.3550

Comment

Stop Loss moved further down to Entry Price Level @ 1.3475. Nicely moving towards target area... Meanwhile I also added on using Setup 1 on the H4 Chart
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