Good morning,
I am looking to short USD/CAD today for quick targets around the recent support. We've got some aggressive pullback (daily) into this zone so this is one of the reasons of my short-term targets.
From H1 perspective the candles look strong as well.
More conservative approach to this trade - wait the price to show you that it is willing to hold at this area or it cannot go above its recent high (if it goes above and turns back quickly).
I will keep an eye on 15min chart for possible entries.
Good luck :)
I am looking to short USD/CAD today for quick targets around the recent support. We've got some aggressive pullback (daily) into this zone so this is one of the reasons of my short-term targets.
From H1 perspective the candles look strong as well.
More conservative approach to this trade - wait the price to show you that it is willing to hold at this area or it cannot go above its recent high (if it goes above and turns back quickly).
I will keep an eye on 15min chart for possible entries.
Good luck :)
Trade active
Trade closed: stop reached