USDCAD - Long entry - Trend continuation - 200 pip potential Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Nov 13, 2017 4:15 PM

I'm in at 1.27139. There could be a more optimal entry point if UC retest trend support line or breaks trend support to test support zone.

UC trending up, but has had recent consolidation. Consolidation looks to be completing and trend continuation to follow.

1W

Trade closed manually

⋅ Nov 16, 2017 3:56 PM

Took profits early. I didn't like USDCAD not having enough force to push through weak resistance zone.

Small gain.

Will continue to evaluate.