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FX618Analysis
Jul 27, 2018 2:17 PM

USDCAD SHORT Trade Executed. Refer to the analysis below Short

U.S. Dollar/Canadian DollarFXCM

Description



Alright. Trade executed. For detailed analysis please refer to the link below.

Price has retested the 38.2 of previous swing. The RR is 1:2.2. I might trail my stop loss in the future if it happens. Stay tuned for updates under this thread and the main one

Comment

Please update your stop loss to 1.32450 level
Risk reward on this one has changed from 1:2.2 to 1:1

Comment

ADJUST SL LEVEL TO 1.31900

Trade closed manually



PLEASE CLOSE YOUR POSITION ONCE THE MARKET OPENS ON MONDAY. WE MANAGED TO GET AROUND 0.45% RETURN ON OUR 1% INVESTMENT ON THIS PAIR. CHEERS UNTIL NEXT TIME!
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