Just_PIP_it

USDCAD BEARISH MORNIG STAR Low Risk Monday Setup

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
We've got a great looking Bearish Morning Star Setup as seen on the left Daily Chart. The Entry will be on the break of the close from Friday's session.

On the right, I've moved into the 1 HR Chart, you can see a 12 PIP Stop loss setup ( or maybe even better if you wait for a small pull back and then bread down).

The Take Profit is identified by the previous support which also happens to the the real-time Pivot Point based on a 15 period look back.

Trade active:
Short @.3267
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