USDCAD Short set up Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jul 3, 2018 7:08 AM

USDCAD had a bullish engulfing candle on daily chart followed by rejection at key level at 1.32230 on 4 hourly chart suggesting likely short set short up.

Suggested set up:
Entry @ 1.32230
Stop loss @ 1.32723
TP1 @ 1.31475
TP2 @ 1.30810
TP3 @ 1.30016
TP4 @ 1.29290

RP

Order cancelled

⋅ Jul 15, 2018 8:04 PM

This trade never triggered - it continued to go down without having retraced to the entry.