KudaChenjerai

usdcad short trade idea

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Symmetrical triangle trade idea , Traders here is a great opportunity to make some money. Consider it great opportunity when price touches the upper boundary of the triangle , if Price touches the upper boundary , place a sell entry with proper risk reward ratio and risk management.if price manages touches the upper boundary , In usual trades place your Stop loss above the above the upper boundary and your take profit around the lower boundary. In addition if price breaks below the lower boundary and support , if price makes a pullback towards the previous support , place a short entry with stop loss above support entry/lower boundary and your Take profit around 1.19880. Enjoy.

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