IvanLabrie
Short

USDCAD: Short for downtrend continuation

FX:USDCAD   U.S. Dollar/Canadian Dollar
It's possible we get continuation of the downtrend here, considering oil's fundamental and technical landscapes.
There is a chance that we're seeing a terminal pattern, anticipating sharp declines ahead, after the end of this consolidation.
To enter the trade, you may short at market or on a retrace, as long as price doesn't hit 1.32933.
You can also use a stop at 1.33128.

Good luck!

Ivan Labrie.
Comment: Shorted on retrace here.
Trade closed manually: I closed for now, it's not ready to drop yet. Down 0.3% on it, but made it back with the AUDUSD, NZDUSD, EURUSD shorts.
Trade active
Trade closed manually: Exit and flip long. Risk 300 pips down, 1-2% exposure.
Trade active
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out