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ChrisSmithf0

USDCAD Range Short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ChrisSmithf0  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Supply and Demand Parallel Channel
1
0
supplyanddemand parallelchannel
This pair has been in a long term range.

Price has hit the Supply Zone and bounced off. Yes there has been a False Breakout (Fakeout / Stop Gathering) .

There is sufficient RR available to consider a short trade and price to stay in this range.


Trade on chart.
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