KaizenTrader

Trend channel short setup for the USDCAD

Short
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
I am looking to enter a range trade within a possible new rising trend channel being formed. Intending to open multiple positions with the first TP point labeled on the chart. It is a fairly conservative and purely technical trade. It should play out because any meaningful breaks of the trendline are unlikely until the heavy news day for the CAD this coming Friday.
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