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murdrae
Feb 16, 2016 8:27 PM

USDCAD Retracement Short

U.S. Dollar/Canadian DollarFXCM

Description

We have a possible short retracement of the last impulse leg of USDCAD . If it retraces TP1 = 38.2, TP2 = 61.8. Looking at the volatility, I would use TP1 with a trailing stop.

Trade closed: target reached

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