TradingView
HernanZegarra
Mar 9, 2018 4:05 AM

Shorting USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

Why shorting USDCAD? The last 2 day candles closed below a strong historical price line that comes all the way back from 2015, today’s candle remains below the line even though it’s bullish. MACD has already negative volume and Stochastics is above the overbought zone. Stop loss and take profit are also based on historical price lines.
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