USDCAD 60min Bullish Trend Continuation & Bull Cypher Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jan 20, 2016 10:35 PM

USDCAD has been in a MAJOR UPTREND for many months now. We have a Bull Cyhper coming into a lower support level. It has 100+ Pips of Risk so bear this in mind.

Entry - Bull Cypher

Stops - 1 ATR Below Support Level

Target #1 - Retest of Highs

Target #2 - 1.27% & 1.618% Fib Extension

Trade closed: stop reached

⋅ Jan 21, 2016 7:39 PM