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UnknownUnicorn769459

USDCAD Short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn769459  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD usdcadshort short h4 4hr 4h 4hour slingshot slingshotsystem
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trendanalysis chartpattern indicator usdcad usdcadshort short h4 4hr 4h 4hour slingshot slingshotsystem
Using Chris Moody's Slingshot System to identify aggressive entry points, in yellow. Prices tend to cross past or into the sling before big trend-following moves. The price has bounced off the top of the channel and appears to be respecting the resistance. USDCAD is in an H4 downtrend.

Recommended SL: 1.266
Recommended TP: 1.253
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